Let's face it, many placement recipients are in it for a pip or two. With the 1:2 free listed option, they're bound to dump the heads and profit from the option.
With the options listed, it's quite easy.
There is going to be some pain for many here on 03/01/2024 when the placement shares are issued to the market.
However, none of this detracts from the potential of the project and the basis of what we've discovered.
Just more patience required from the perpetually patient IVZ investor.
It was wrong for Scott to give away the 1:2 free oppie at this stage. The discovery risk is gone.
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