Yeah but you're also not including the cash then that would come with the exercise of the options which would give added value to the MC and by the time 31 Dec 2017 comes the share price for IAM should be well above 10c so the market cap could be double by the time the options are converted. Kind of handicaps the value by adding them in now.
Ann: Intiger Commences Pilot and Partnership Program, page-613
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