It was not a surprise there was only 10% takeup on the options.
Now they are getting desperate. This amount will not last long. Bretts salary plus a bit more?
Looks like the start of a very dilutionery process. This raisng, plus a heap more, if they survive. The Chinese partner is their only hope, but then, they do not seem very enthusiatic.
All my opinion. What's yours?
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