Just to clarify that the options that is being referred to in the Cleansing Prospectus are 8 cent and unlisted. Not 4 cents. No flip possibilities here.
Also, the Sp ran from 4 cents handily and quickly on $1.3 m of stock placed in Tranche 1 (note this was a lot more stock than the much smaller Tranche 2). I wouldn't be expecting anything different here with the larger SH and Top 20 taking up the lions share - testament to the quality of investors backing the Company.
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Ann: Cleansing Prospectus, page-16
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