Ann: Bonus Options Offer, page-362

Ok should qualify - minimal risk....as nothing zero risk.

As they are paid 6% underwriting fee so they could sell a truckload at breakeven and still come out ok. I think they have got a sweet deal personally.

And one would expect some news up till jan where further opportunities to unload.

I would be 95% confident the Underwriters will do ok out of this....as to whether share price will get past 4 cents in Jan 17....much less confident. Not impossible but as you say with short expiry and sentiment damage would take some pretty decent and tangible news flow (re revenue in the door or licence deals with big major multinational e.g. Telco).