Makes no sense the sp is below the option strike price and the entitlement your only reason to take up the entitlement is buying borrowed time where you can wait on the options and strike them in if it's in the money still for that you'd have to expect the difference between the sp now at 0.08/0.09 vs the CR is worth that time value of money. Which I doubt it is?
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Ann: DW8 Secures Institutional Funding Launches Entitlement Offer, page-373
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