About 50c sounds right.
Certainly the overall financial position was slipping badly as setting up costs have blown out.
However there are a lot of options in the money and if these were exercised about 7m plus could have been realised (according to GoldNerds data. I'm not sure why they haven't been, as you'd think their value would be down considerably with the Share price fall to about 50.
I had sold my position on the financial weakness but happy to buy back when this is resolved.
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- Ann: Appendix 3B - Exercise of options
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