Jasace, I see what you are saying. Around 63m options expire at 26 Nov and will not be excercised unless sp rises above 25c. I'm sure holders would like that! You never know until the drill does its work. My summary is technically (albeit roughly) correct, but agree that exercise is unlikely, and it is likely options will expire worthless at this stage. Fully diluted mc will be $11m at 5.1c in two weeks time. thanks for the pickup, I only breezed in here because of the announcement. gl to all
TEX Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held