Because the options were issued at 5c some time ago. What was the share price when the options were issued?
I wonder if a capital raising will be required to fund the next tranche of WBT? $450 000 was advanced the other day, presumably from available cash. We have now raised a further $200 000.
Looks to me like management are making all the right moves...
Ann: Exercise of Options / Appendix 3B, page-5
Currently unlisted. Proposed listing date: WITHDRAWN
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