Stapled Shares

Stapled securities are where two or more separate securities are traded as a single entity. Typically they’re things like listed trusts where one security might be the units in the trust and the other security shares in the management company.

It could be after 12months of listing the stapled security might split into an ordinary share + an option to buy an ordinary share at the original issue price.

From http://www.aussiestockforums.com/forums/showthread.php?t=7980&page=1

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