Ann: Application for quotation of securities - FBR, page-8

  1. 2,881 Posts.
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    They are still options and would need to be paid for.

    But it if you look. 33.5 mill are quoted

    67 mill converted.

    options 2.6/ shares trading 5.2

    so instead of converting and paying 2.6 *67 mill they have got half quoted (less dilution) and paid 0.

    my guess
 
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