issuance of 86.5 mil gdnoa

Interesting to see 86.7 mil of free options being issued on 22nd October 2010.

The management is obviously hedging a bet both ways in case the oppies would be in the money, making sure that the SIs who has the $$ to convert has enough oppies to do so.

If not, the SI wouldn't lose a cent.


86.5 x0.12 = $10.3 million



It is true that if I need to pay for one million oppies on 30th Nov ($120000), I may not have the will to do so.