So @ 2.3cents, that's 130million to 152million dilutionary shares & 130million to 152million options to be exercised if they're raising 3 to 3.5million.
Given there is currently 590million shares on issue + 240million options, there is possibility of 18 to 22% dilution from shares and additionally diluting shareholders options by 30 to 40% (which are probably written off anyways).
Is there any change of perspective for the company after @Mencel_as_anything allegedly called BJ and he said there was no 30% dilutionary raise?
Ann: Trading Halt, page-21
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