It only took 4 days to procure Clearhaus 2oth-24 september. No correspondence was had prior according to the statement made by iSignthis in response to ASX query of price gain. With an 11 day average per contract over the past 4, I believe they can continue momentum and give those options a work out! The extra capital could stretch a long way, especially when ISX burn rate is so low. As for the price, I believe we are going to be sitting on the 45-49c level for the next 3 weeks as they pat themselves on the back, swing into the pit stop, and boost for the finish line to collect 9mill as they go (18mill options @ 0.50c @ 31st Dec).
And to qualm any dilution concerns, and to give context 4.5 million shares were traded today with 3.1% decline from 48.5c to 47c . Out of a total of 575mill shares, a measly 18mill options being exercised will by no means dilute and cause ripples, however only strengthen long term viability.
ISX Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held