hey rangi
re near term options
I think check on top option holders & whether management holds heaps helps
sometimes management sees dilution as a bigger evil than cash coming in
and if top shareholders are also the top option holders, chances are they will want management to extend the timeline
check out LINOC
Matthew Wood vended in the phil project into the company, he is the top shareholder of FPOs
but he also held loads of dying options LINOA
I think he pulled the strings behind LIN to extend lifeline for LINOA
still high risk stuff
thats why I repeat for near term options, limiting position size is very important
beer money punt stuff
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