Is your question for real?AUL has $1.4m in cash and receivables...

Is your question for real?

AUL has $1.4m in cash and receivables and 200K in investments i.e. about $1.6m in net assets with 16m shares on issue so what is a few more after the options?

Don't forget to convert the options $0.02 per option is paid into the company and so the net assets available to all the shares on issue rises but so to do the shares on issue.

Current price cannot reflect the options being converted because as of today who knows if they will be converted? It all depends on the shares being above $0.02 on expiry date.

As current price is $0.03 maybe the options will be converted.

Novices should not play with options. I am not suggesting you are a novice.