With the approval of the new CSFA ANW will have apppox. $5 million dollars worth of options allocated to LIND, DGR and Directors/Executives.
90% of the options with a strike price of 2c or higher! With a big chunk of it at 3.5c!
Considering LIND will hold the Majority and their ability to make the most of their situation, do the options pave the path for the share price over the next 24 months.
Starting with their options at 1.35c which would need a run from here to profit in the typical manner of LIND.
With the majority of linds options having a strike price of 2c and 3.5c. LIND will be looking to capitalize on this at some point in the next 24 months imo.
Lind passed up a more than 200% profit on their remaining 65 million shares ave. at 1.1c approx. which they held in the second run up to 3.7c in early February. Had they exited for ave. of 3.3c would have pocketed approx. $1.5 million profit. Big vote of confidence!
Having converted a total of 130 million shares to date, selling approx. 60 million shares ave. at .008 prior to 31st January CSFA repayment, most likely in the week before when the share price made the first of two runs to mid 3s, which will have booked them a 300% profit with an average sell at 3.2c or approx. $1.5 million profit.
To maximize their returns and speculating that lind will have the fire power and the opportunities presented to them, will their come a day when LIND are cashing in on their 2c options at 6c and their 3.5c options at 10.5c based on a 200% profit margin?
All IMO, DYOR
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