Picka, these options are not free, the have to pay for them. When they do pay for them, the money goes into CAY's bank account. They are then converted to shares and EEA can sell them at market price. The $12m we just received isn't going to last for ever, and do you think we will be mining bauxite and earning revenue in 2025.
If the share price is sitting at 35c mid next year wouldn't you want the options being converted along the journey to 35c and placing money in CAYs bank, or would you prefer another CAP raise mid 2024 as our money is depleted, which would be more destructive, and will drop the share price and dilute us. This is just one of the risks we face if we don't manage this correctly as shareholders. It's just one way of many of looking at it. Each to their own though.
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Open | High | Low | Value | Volume |
7.4¢ | 7.6¢ | 7.4¢ | $714 | 9.392K |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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7.8¢ | 39874 | 2 |
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1 | 50000 | 0.073 |
4 | 82409 | 0.070 |
1 | 100000 | 0.069 |
1 | 95600 | 0.068 |
3 | 287726 | 0.067 |
Price($) | Vol. | No. |
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0.078 | 39874 | 2 |
0.079 | 3538 | 1 |
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