Cymon,Insto's use mark to market, thus selling shares and...

Cymon,

Insto's use mark to market, thus selling shares and keeping their options will probably reduce their bonus.

Look at the raising Roth did with Lake Resources in January this year - all very positive to LKE's share price.

After, googling Roth, I note - 74+ Deals this year - you will blush at the average raise! I am asking why would they bother with us? Answer ......

I am interested to see what happens to TMZ's share price pre the Record Date (not given atm) - re: the 1 for 4 options at a cost of 0.1 cents ($0.115, 3 year expiry).

Mgt clearly is trying to look after Aust/NZ shareholders given this raising.

My last comment is 2 weeks ago our shares closed at 7.9 cents - we closed today at 8.4c and we will now have ~$5m in the bank and we get a 11.5c, 3 year option (on a 1 for 4 basis).