I know everybody says to ignore you Names but seriously...some objective evidence for you.
Over the last 3 months there have been LOTS of options converted to shares. IF people were bailing out then the share price would not have gone from 40c to 83c during that time.
Now I could take the opposing positive view to your negative one and say imagine if there was a smell of a take over or perhaps a rights issue to current share holders but I'm not saying that, I'm relying on objective evidence and that is SP has doubled while options continue to be exercised - end of story
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