Dont feel too dejected quite yet MrQ. There are a few scenarios to consider here-:
1. There maybe good news to flow yet which may encourage option holders to convert;
2. There has been a pissy number of options recently converted by payment of the 0.08 cents; that maybe a weak signal of news to come or that some option holders are totally niaive!
3. If there is an acquistive party acquiring shares, as seems to be the case, then it is not in their interest for the 600m? Options to be converted because of consequential dilution, hence the systematic containment of the sp under 0.03.
4. Uhmmmmmm! I forget!
Disclosure-: consumed a few ales here in the tropics and my head is done!
Maybe somebody else can add on some scenarios!
cheers
GXY Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
