The unlisted 0.70 options expire in June this year. White Swan (cygnet) owns 18.67% of the issued equity capital already (escrowed)
But yes generally given the time value of the options, early excercise is not usually done, dividends aside - when you might if the present value of that dividend exceeded the time value on the option - why would you when you can earn interest on your capital and participate in any upside anyway.....
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