looks like Morgans have underwritten the option exercise , so we have a guaranteed $4.6m in the bank and no risk of a further CR this year I would imagine . Also good to see management have exercised all their options plus unlisted ones with a 3.2 cent strike. You would have thought the company would have made a bigger song and dance about the underwriting of the options !!
Ann: Notice to Option Holders, page-2
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