Meaning the SP would have to be beyond 8c.. probably in excess...

Meaning the SP would have to be beyond 8c.. probably in excess of 10c.
You understand this, right?
I wouldn't exercise until SP was beyond 10c.
If you must post about dilution so many times today and yesterday, you should mention what has to happen to trigger such dilution.
The share price would be tripled from here.
You know this, but you preach sell?
Why would people sell if you are predicting scary dilution?
If you're expecting dilution, wouldn't you be buying at these levels, expecting to triple or better?
Or does it only suit a negative posts to only mention part of the exercise conditions?
If you're talking up dilution, it doesn't make sense to have a sell sentiment..
Very contradictive, unless you genuinely believe holders should sell at 3c, before it hits 10c within the next 12 months.