options, page-6

I hear you Monark.

Only thing to bear in mind is that given that it now looks like most options will be exercised, all this extra cash/equity will have a dilutive effect on EPS in the short-term until the cash can be effectively invested/deployed. I have no problems with this over the medium term as management have a proven track record in making astute investment decisions. Perhaps a bigger stake in their Perth cousin?

I think we agree on the fact that regardless of what you buy at over the next five months you will be getting a subsidy courtesy of the oppies.