Apologies mate, I was a tad dumbstruck by your last post. Ok, let me try…..
There are currently 2.7b fully paid ordinary shares issued to shareholders. There are also 564m options on issue that can be converted to fully paid ordinary shares by sending a cheque or completing an EFT for 3.5c for every option you wish to transfer to a fully paid ordinary share. Shares do not have to be sold to convert options, you can use funds you have on hand….. raid your sock drawer etc etc, if you do hold shares then yes you obviously can sell some but it is by no means part of the options conversion process.
You said “2.7 billion shares sold at 3.5c from options conversion will also affect it coming down”, this reads as though you are completely confused about how shares and options work, i mean that in the nicest way possible. Tbh, even I’m confused with your statement, it makes absolutely no sense whatsoever. Are you saying that you believe 2.7 billion shares will be sold at 3.5c to convert 564m options??
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