It sounds like we are of the same mind with regard to the conversion price of the options..
We see the various reputable reports on Galaxy indicating 60c and above valuations. - One was indicating 70c.
I thought these were performance based options?
There doesn't appear to be anything performance based about it with a conversion within a few cents of the current share price.
Don't need to work hard to achieve that. After all, we have already been there and beyond till they did the capital raising at 52.5c and dragged us back down!
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