My guess is David et. al. rang all option holders and asked them to convert. Instead of a capital raise they went this route.
Not many oppies left. I dont think the 10c oppies will be converted, that's 10.5m of themm unless the sp is well over 20c. The 3.5m oppies at 8c not sure. They expire in a few months
David's oppies should also be locked up, that's 13m of them, knock wood.
Interesting to see what happens once there are no more oppies to convert
4DS Price at posting:
12.8¢ Sentiment: None Disclosure: Held
