false logic, options equal risk free and potentially free money, especially if they get listed. Agree that uncertainty re scale back may be an opportunity cost but I bought on market and participated at $15k, with potential to rebalance according to how many shares are allocated.
indeed I’m perplexed at the level of interest above 13 cents, there’s surely going to be a whole lot of supply once the new script is issued for those looking for a quick buck. I’d anticipate any big move to be after two quarters of solid production with stability in pricing for extra reassurance - that would also be the time for refinancing if the banks risk appetite is sufficient. Provided all that is going well the next hurdle will be getting beyond 20 cents and the big overhang the options represent...
likeky a slow burn, but with car makers going EV boots n all should be a good risk/reward situation.
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