Good question today, is how will the official quotation of about 100m options affect the share price? It would take a few days for any exercise of the options at 2.5c to come onto the market as shares. I noticed that the majority of options went to large shareholders. Some will hold oppies until near expiry, some will sell oppies and some would probably exercise and sell the shares on market.
I am only a small holder and did not participate in the SPP as I was not a shareholder at record date.
Could someone please mention the ASX codes for the oppies?
Good old fireside chat, page-103
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