Ann: Correction - Exercise and Lapse of Options, page-12

  1. 919 Posts.
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    it baffles that they couldn't get someone to underwrite these options. Surely Taylors would have been keen (although occam's razor suggests that maybe they don't like them at 5c either). Any debt lender would have counted on the option money coming in to act as a buffer for them. Another F$#% up by the CFO.
 
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