Hi James. The example I had in mind related to the underwriting...

Hi James. The example I had in mind related to the underwriting being done by Directors - hence shareholder approval was required in that case.

So you're right, there probably is no restriction in the company guaranteeing that all funds come in from the option by getting an outside party to underwrite.

So does that therefore become a possible hypothetical explanation of why there is no current support for the stock?

Cheers