many options will be left to expire leaving very little cash to go into the company coffers.
Pity nothing in the wings that could promote conversions.
Now management are in a tight situation
What will be their next move
probably a cap raise being planned as we ponder, at a devastating price for holders but not institutions and sophs
What will they then do, sell them on bulk at a small margin and leave the company in a worse SP predicament unless they can use that money to finally produce something of substance
many options will be left to expire leaving very little cash to...
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