So Wood 20m, Flavel 20m, Oliver 10m & Murray 5m have now converted their options to shares.
It will be interesting to see what happens next as I'm unclear whether they can sell these on market or whether they have to go straight to the LG acceptance. To the best of my knowledge these options (now shares) were not part of the Bid Implementation Agreement.
Should be an interesting day or so coming up.
Note - there is also another 17m options that can be converted at 2 cents, so keep an eye on them.
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