Lets say James Tsolis owns all 50mil exercisable at 0.02c (unlikely) = $1mil AUD total
Big amount but I imagine JT is a rich man. Of course I can see he has a motivation to get it to a $1 - massive profits... But still its $1mil AUD - ABSOLOUTE worse case scenario he loses $1mil and moves onto the next thing
Sure its a lot of money - but it certainly wouldn't destroy his life and he wouldnt wait for it to hit 0c to then bail out.. Who would?
2nd Worse case he breaks even?
Again - all assumptions on my part! just is better converting it into actual numbers.
NET Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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