At this speculative end of the market one reserves the right to speculate ... so speculate I will !
Craig and Niall have been confident of getting the majority, if not all, of these options converted for the last 18 months.
Sure, they are in the money, but not by that much !
I have been assuming Mobvoi was going to be the catalyst with a launch in August/September.
It may be my perception, but both Craig & Niall have been talking Mobvoi down and lowering expectations.
So is it ConneQt Pulse that will lift sentiment. While great for the business, and what I actually get excited about, I doubt it will stir the wider investing community into action.
So may I speculate on what gives them this confidence.
I think it is the words
"partnerships, and other strategic initiatives" .
I would not be surprised if we get an announcement of a new partnership or strategic alignment with a big name player before the end of October.
Look to LifeQ, and their wearable partners, now a strategic partner of CardieX, for a list of possibilities.

As I say, speculative on my part.
But yesterdays announcement told me something is afoot .... of course I could be completely wrong !!
IMO.
GLTAH