Ann: CL8 completes placement and negotiates further funding-CL8.AX, page-8

I have no problems at all with the options... if this was to instos then I would. Hishenk have been gobbling up whatever they can, and im sure they wont just offload their free options for around 9-10k at current prices. Confidence is what you want - largest shareholder and directors buying at 0 discount is as good as we could have hoped for.

Yes short term everyone owuld have liked a largest CR so there isn't that hanging over our heads - but long term the less dilution the better. Hopefully they won't be far from being CF positive once these larger deals go through.