Ann: Appendix 3B - Partial Conversion of Converti, page-2

re: Ann: Appendix 3B - Partial Conversion of ... La Jolla are bad boys. They are singlehandedly decimating the share price.

Interesting to go back to the letter "promoting" the oppies:

By paying A$0.03 per option you can acquire a VLA share that at the close of business on the 20 May 2010 was trading on the ASX at A$0.05 per share.

What A$0.05?

Maybe they should have explained how that dilution works in the letter a little better.