ease up turbo, bit facetious.. accumul8 makes a fair, and...

ease up turbo, bit facetious.. accumul8 makes a fair, and oft-made point that options are a growth enabling and generally positive way of raising capital. I'm as unhappy with you that the moment a company gets a whiff of momentum management/board/mates/"sophs" swoop in for a slice of the action.. do I think this could've been pumped to 3bucks on the last run? yes. but in terms of asx behaviour, offering holders a crack at options is pretty decent in my view..
re kissing your 10x goodbye.. there is the reality that this company will not produce anything until after may 2025. there is the absolute certainty that they will need to raise cash. if that cash is raised at anything above 50.5cents as of today, then wouldn't that be positive? even having seen it in other companies, even if our hopes come true, and drilling unearths a monster, then having a cash injection via options conversion, regardless of the dilutive effect is often cheered and advertised as supportive.. in short, once the company is in that sort of trajectory, people will quickly forget the circumstances and particulars of the options, and be glad for the cash and support..
all that said.. I'm with you, if we haven't 10x in a year I'll be pretty mad.