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Re: [sharechat] How to exercise option in ITC


From: Mike Nelson <bb2345@pop.ihug.co.nz>
Date: Wed, 16 Feb 2000 15:50:54 +1300


Hi Derek,

I wrote a couple of notes to you today but they both ended up returned to
me as undeliverable ?

The first was to say I had bought itcod @ .71 today and the second was to
say that shortly thereafter they started to head south :( 

Anyway thanks for your advice I am a happy buyer.

Regards,


Mike


At 02:53 PM 16/02/00 +1100, you wrote:
>  I called my brokerage company and they told me I can not exercise option
>before the date (27/10/00). 
>But of course I did not trust them and make my investigation further. 
>Results are: 
>1. Never trust your broker 
>  to company secretary. 
>3. Supply in letter : 
>Computershare holder number and quantity of option you wish to exercise. 
>  for # of options x 17.5c Just wait a few days and you are the winner by
>buying options at good discounted rate! 
>Note will be posted to you from share registry office. Tip: 
>   you will be a looser. Happy investing / trading 
>Derek 
>  
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