capital raising - option exercise

Great Find BLOKES, keep up the good work.

I think that everyone selling now will regret their actions in future months. Price action does not look like there being a top at the 46-47 cent level. Always good to take some profits, but leave the majority of your holding for the big move. Don't forget the biggest rule in the market place - CUT YOUR LOSSES & LET YOUR PROFITS RUN especially in a stock like ISN that has a BILLION dollar market potential $4.00 share price/$3.85 option price. 17 bagger from a 25 cent option price. That is the potential over the next 9 months.

I wonder what's going on behind the scenes in relation to a capital raising. Maybe there is not enough stock to go around. I am quite sure that any demand would outstrip supply of stock. There is a maximum number of shares that the company would issue. That number would not be more than 40 million shares. At these levels the company might fill up the coffers with excess of $15 million.

From experience take the money when you can get it. You never know how strong demand for the product will be prior to the U.S. launch.

If (for whatever reason) you need to manufacture 250,000 units at $35 (assuming cost), that makes $7 million just in production costs.

It would not surprise that potential buyers in any placement will not get the numbers they want and are therefore insuring themselves by buying on-market.

OPTION EXERCISE.

Anyone know how to go about exercising options ? Can you get the exercise form online ? What is the turnaround time before getting issued with the shares ?

It is a bit ridiculous to see sellers of options selling down to 16-17 cents below the ords share price.