From my perspective, I am VERY HAPPY to see that there is still 65.863 MILLION Options that have been left unconverted. Good riddance. (But it had no bearing on the SP the last 2 years right @pikapika?
That's 65.863 Million less seagulls fighting over the chips that are left to fight for. However that means over 2/3's of the original Ashanti lead 4.5c cap raise from over 2 years ago, have converted. Most have already sold to convert, some I guess are selling now to replenish.
Can't wait for the seagulls to flock off, and finally allow CAY to progress to a more respectable and justifiable share price, with no (Option Conversion) handbrake.
Looking forward to the positive newsflow to come for the rest of 2024 and be trading back in the teens ...........
Ann: Notice of General Meeting/Proxy Form, page-69
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