I thought the Options AS2O are worth a thread of there own (as...

I thought the Options AS2O are worth a thread of there own (as I'm holding lots of them).


I bought options as they are cheaper than heads.
Face value means I can get more exposure with the same money...
And with a 25 cent strike price.. they are usually much better value than heads too.

Askari have a lot going on right now... and a lot of news expected this FY.

Two of the things on the cards are:
1) A spin off of the non Lithium assets into a separate Company via an IPO.
2) The need for more Capital to continue the strong growth.

My question is this.
CRs are not ideal, and management have a good track record if avoiding dilution.
So....
If the spin off is structured in a way that encourages Options holders to convert AS2O in order to get the free shares in the new IPO...
AND the IPO raises some money too....
Will that be enough to keep the coffers full until the next deal can be struck... and avoid dilution via a CR?

Looking forward to your thoughts everybody.

Thanks

Coco