The fact that there is still 1.5 years until AZLOA expires bodes well for oppie holders.
For the individuals who bought when they were first released, they are already half way to the CGT discount (6 months). I wonder how the guy who claimed he bought 10,000,000 options at $0.03 is doing. In his case, he would definitely be holding until that CGT discount.
He only needs oppies to reach around 10c to reach the $1mil mark. Even if they only reach 25c to 50c within that timeframe, that’s still ridiculous money.
Ann: Notice of General Meeting/Proxy Form, page-104
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