how many option swill be exercised, page-5

one scenario could be a possibility for those that have held heads &
tails

obviously the company was relying on people not having the cash to
convert & no incentive has been put forward for conversion anyway


if there is any substantial 'pump' now that the oppies have ceased
trading, it may well be later next week, allowing those with the
readies (instos) to make it worthwhile for conversion, whereas the
retail player could sell heads to convert, however, with the
settlement issue not giving them the time to have the bikkies sent in
time