Don't be greedy... Why would any business convert option 10cent... when the share price is trading @4cent. they would instead buy the shares @4cent, that is what they did...
Please note still if they decide to fund the project... they can negotiate with management for several million option @10cent...but note that time the share price would be at least 13 to 15 cent... no business will invest, if they don't get discount of at least 15%
I am in loss of over 150K….. I hope AVZ share price raise in value to 40cent to reach my break even... I will still be buying on market @ current price to reduce my average to 15 cent...
AVZ Near Term Furture, page-32
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