Ex entitlement to attached options, page-138

lol

the option is not worth 60 cents when the share price is worth 90 cents

for example, if the market cap goes to $300M or share price of $2.20, the option will be worth $1.00. The shares bought at 90 cents will profit 144% and the options bought at 60 cents will profit 67%

Due to risk, options should profit much more.

If the option was worth 45 cents, the option profit at $2.20 share price would be 122%.

The option is probably currently worth 30 cents.

Therefore, the current entitlement is valued at around 75 cents per share, exactly what I predicted the last time I posted here.