re: Ann: Change of Director's Interest No... If options become...

re: Ann: Change of Director's Interest No... If options become in the money and are exercised before they expire that will add to the company's cash at bank by about 12 mill.


Franky
Shouldn't the calculations be based on a 20 cent share price if the oppies are on the money july 14?

220 mil shares x 20cents = 40 mil MC
plus any options that are excersized at the time cash in bank.
42 mil oppies x 20 cents = 8.4 mil in bank

220mil + 42 mil = 262 mil shares and MC of 40 mil

Not sure how you get a share price of 7 cents if the oppies are excersized at 20 cents, heads must be @ least twenty cents or over july 14.

if I have misread your post I apologise or if my calc is wrong lol