needs to lift today..., page-7

I can not understand why the options are holding the share price back. If they where exercised today MPO would get some $12m (10c for 120m options). so while there is dilluiton it is equalled by an increase in cash.

No different if it raised cash by issuing more shares which it seems it will need to do in the near future.

as to the options, personally the risk reward relationship at 2.8c isnt worth it. not enough leverage. the options are priced as if they are in the money. a bit rich at the moment. If less than 1c with 3 months, then a good bet for 3 months. risk only loosing a cent if below 10c.

As to whether the share will be worth more than 12.8c (to make the option profitable) by the end of June is anyones guess. As indicated the SP is at the whim of the market forces.