agm, page-29

Dan take the last lot issued...
30/07/10 Issue of 145k options @ $1.22 28/07/13

The market price for the shares on those days was: 30/07/10 $1.09

Ok only 13cents rise needed for them to come into the money but of course they will want over and above that to make a profit so there is incentive in that....
As don't forget that to get these converted to fully paids and be able to sell them they have to cough up the $1.22 per share as well!!!
Who gets that money??? $176900.00...... Company.....

You could have bought on the same day at $1.09 and sell when they sell at anything above $1.22 and you will also make a nice profit!!
They win.....You win!!