Interesting thought harpoon. Half the dilution but still some much needed funds which should give us the breathing space we need for the US sales to take hold. I actually like that idea to minimise dilution at this stage.
Good to see the directors have committed to stumping up the cash. We will await the final conversions and see who stumps up and how much. If the bulk of their options are converted it will be good to see them put their money where their mouths are. Always makes me more comfortable when they have a good stake in the company. Perhaps a good side effect of the LMIG - some encouragement to bolster their % ownership to fend off increased % of the group.
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