email/write to asic, page-29

Don't forget that the options carry 8c that need to be exercised - so rather than waiting until Jan 2015 - when another predator can get in beforehand - it wouldn't put a prospective buyer off imo. So $50M from existing option holders would go to the buyer. That would be $112M in cash to take off the purchase price - then say $120M for SdV - it's chicken feed for a large player. So if they valued the conpany at $250M - the real cost is around $118M. To the big boys that's a corporate lunch!