Yes, I am expecting that a 6 - 8 cents (or more actually) sp rerate could be justified when I compare cl8 with quite few other small caps that have not derisked to the extent cl8 have.
I am trying not to be 'pumper' to myself or others though so will just modestly say, I really expect the options to be converted. I think management are working hard.
2017 SP direction, page-37
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