mate, this has already been released to the market, not new info.... plus, as with all other dealings, i'm sure todd and co have had dealings with said sydney credit fund and know about their history with any other companies... they are not newbies to the game...
I don't have a problem with this in the slightest....
it can work, but, only with firms that don't do their homework, or are doing it for the first time.... because word gets around bloody quickly.
plus, we don't actually know the terms here... whose to say their isn't an escrow period or a restriction in days notice required to exercise options...
and this is 1 share for every dollar, so a maximum of 15m shares.... with (i think from memory) a fully diluted share base of 650m shares..... 2.3%..... hardly a capping...
also, like most options... i think stl would have something like 20 days to exercise and issue the shares, making it harder for shorting...
not an issue
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