agreed. fair amount of options out there, but all will cost dollars to convert to shares.
Would be good to see more detail around what was done in return for these, who they went to etc. There must be a high level of anticipation to take options over cash payment. And this latest 10m are options with exercise price of 25c, so the shares need to be paid for.
Ann: Proposed issue of securities - EIQ, page-3
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