vlao options 3.3c ; vla shares 5.6c ???, page-18

looks like the bottom is reached. i always feel comfortable of buying share at a price lower than the placement price. The put option does not mean the share price has to go to sub4c. it is just a de-risk strategy by the company. they either get money from the excercise of vlao or from the put opption to keep their research going. i cannot believe market see this as a negative thing. Call me crazy, i am all in today.