sle, I tend to agree on your estimate of the likely cash in from the OB's.
I believe the original target was higher, but as you say, guidelines have not been met recently. Why? Well, members of our group have been sharing some ideas on that, maybe there is a newly designed play going on that us mere shareholders are not yet aware of.
For example, while today was announced (in the letter to option holders) as the last trading day for the options, it appears, if my screen is correct, that has changed, and yesterday was the last day. I'm not sure of the rules about this, but I wouldn't think that last minute change would be allowed !! There has been no notification of amendment that I am aware of.
There are still improvements needed in announcements, PR, website, and shareholder engagement. Our FGR long termers group has been able to get some small improvements achieved in the wording of announcements, but there is a long, long way to go. A few more members would help.
sle, I tend to agree on your estimate of the likely cash in from...
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