I’ll correct you on this one, these guys all tipped into the convertible note in december last year and were granted free options as per the vote at the recent EGM as the notes were converted to equity at 1c.
They may have participated in the placement, you’ll have to go back to the note details of how much they took up and then x 2 as the original notes were struck at 2c (however was per the terms of the note, were converted to equity at the lower price if any new finds were raised sub 2c). Any position above this size vs options granted will be how much they participated in the placement.
It certainly is an interesting register and it’s clear the technology and opportunity has resonated with many investors with deep pockets.
