1,380,000,000 shares in issue 200,000,000 options at either 0.003 or 0.006c I forget but one these.
about to be added SOI
500,000,000 shares proposed to be issued at 0.004c
250,000,000 options proposed to be issued at 0.006c
all at double/ 2x + the current price.
go back and read the latest EGM there were literally tens of thousands, if not hundreds of thousands of free shares and options thrown around to management, the brokers and internal holders.
you have to ask yourself
is buying at 2x the current cap raise (0.013 vs 0.004c) a smart idea?
is buying at double or even triple 200,000,000 options (0.003 vs 0.013c) options a wise move?
who knows maybe. Maybe not. Would be a unicorn play if it pans out.
it’s also worth pointing out that the market cap traded yesterday at close to record highs.
almost comparative to 25c days when the SOI were 100 mill on issue.
CCO Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
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