anyway, page-7

Yes, and significant that the 14c option strike price hasn't provided as much resistance as some might have expected.

The company is in a much improved position now with the capital raising out of the way and a very good chance of realising significant cash inflow from options exercise within a year.

One of the factors depressing the share price so badly was undoubtedly insider knowledge of looming capital requirements and the inevitability of a discounted rights issue. Touch wood, there should be no need now to raise further capital in the forseeable future, with a large number of in-the-money options on issue. Unless it's for something very specific and worthwhile like a large scale rollout of lockers or some such thing.

The general lift in market sentiment has helped, but a rise from 7c and staring at the abyss, to 16.5c without a lot of selllers, is more than just overall market senstiment. We're seeing a re-rating. Let's hope a robust one, as the stock has proved very fragile in the past.