"Even if it were possible it would be unlikely that any vote would be in favour of extending or re-issuing options as it is against the interests of the FPO holders to have dilution "
Interesting comment Neil.
So you are saying that the company operates against the best interests of it's share holders by doing cap raisings. LOL.
I know what you mean in regards to dilution however it is in the shareholders best interest to have the options exercised bringing in revenue to the company even though there is dilution otherwise the company directors (who just happen to be large shareholders) would be doing everything not to get the options exercised.
hotting up in perth, page-25
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