How do you mean “option giveaway”. They are at a strike of 28.5c. So when we reach that price they can spend 28.5c per option to convert to an ordinary share. That’s additional money in the bank at that stage. Or you could say we raised 31 million at an average of 24.5c (a premium) to the share price.
Do you understand how this works? This is seriously a bargain right here!
How do you mean “option giveaway”. They are at a strike of...
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