(1) Comprising of the following:
a. 37,076,281 unlisted options with an exercise price of $0.022 expiring on 30 April 2024;
b. 24,000,000 unlisted options with an exercise price of $0.02 expiring on 30 November 2022;
c. 24,000,000 unlisted options with an exercise price of $0.03 expiring on 30 November 2022;d. 6,000,000 unlisted options with an exercise price of $0.025 expiring on 7 September 2023;
e. 6,000,000 unlisted options with an exercise price of $0.035 expiring on 7 September 2023;
f. 1,5000,000 unlisted options with an exercise price of $0.02 expiring on 30 June 2024; and
g. 1,5000,000 unlisted options with an exercise price of $0.03 expiring on 30 June 2024
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They went through all these hoops just to play the options???
( noticed how they sandwich the 2022 options in the middle (b)(c) ...
)
Short Term profit/gain if they push it up to 3c:say they're successful ... 24M * 0.02 = $480K outlay to convert
Say optimistically they dump it all at 0.03 = $240K profit
$240K divvy up by ?
