CXZ 3.45% 3.0¢ connexion mobility ltd

UpsNdowns, yes it will raise a considerable amount of money...

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    UpsNdowns, yes it will raise a considerable amount of money later down the track if the options are exercised, but this would be at a potentially significant discount to the future current price (if the stock price does well). But my point was that clearly the options issue didn't raise the amount of money they required for marketing flex and working capital, so now they r proposing another one already. The issue of options raises a small amount of money at the time, but a much larger potential amount later. Currently the company needs more money now! Hence my suggestion it would have just been better to do a rights issue and get the money the company needs to get on with business. The distractions of raising money again so soon is a joke
 
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