Does anyone else think the strike price of the options attached to the non-renouncaeable entitlement issue to be quite low? Given these can be exercised up to 2021, do the directors not think the SP will climb much by then? Strike price is 1.5c per option, if the directors were thinking the SP would do a lot better once funds raised, wouldn't they attach a substantially higher strike price?
Just spoke to Meir..., page-20
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