I hope all get converted, the money goes straight to the company, funds the development and plays a part of the strategy for not requiring further cap raises for the foreseeable future.
Our dilution is pretty good compared to any of Paul Hopper’s cash cows. Just ask IMU holders how much they’ve been diluted with billions of shares on offer, not just a few million like us.
On a side note I also converted my last options so probably make up some of this announcement’s (tiny fraction). Feels good to hold a company that actually has well in the money options before expiry. Had a 9c average and not selling any converted options at all.
DXB Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held
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