25 mil of options at 0.15 per share Flexy, ".. the directors issued 60 million cheap shares at $0.25 to their mates not so long ago ..."
How about 25 millions of options with Exercise Price $0.15, Expiry Date 1/7/2006. This is stated in the quater report on 28/04/06
Then the recent quarter report on 31/07/06 says that the options Exercised during quarter is 24,488,988. At $0.15/share ? nice for these option holders !
The MLI management failed to tell about the money from this option exercise
add to watchlist for possible run tomorrow, page-7
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Add LRL (ASX) to my watchlist
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