Last announcement on 2nd June = 1288million options
Last 3 announcements on options exercises were 20th May (Friday), 27th May (Friday) and 2nd June (Thursday).
Last day of options exercising = 30th June.
So we have 9th June (Thursday), 16th June (Thursday), 23rd June (Thursday) and 30th June (Thursday). That's 4 Thursdays to exercise all of 1288million options or 322million options each week.
Don't think we've seen more than 55 million options exercised in announcement dated 13th May.
Going to be a hell of a ride this month! I have my cash ready to purchase more shares if it drop under 1.2c.
Bring it on!
Ann: Flames Well Operations Update, page-52
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