The options are an equity problem for Jinan ....if not converted are they considered as part of the max 34 %.? If not .. why not just buy the options on market at "peanuts" and use them as wallpaper on the Great Wall ???. The options were always going to be a share price killer. No matter what expiry date . i believe that when finance is approved and it will be !!! ....that one or two on the current board will move on with glowing appendages for their curriculum vitae. At what point could the potentially 100% chinese board delist the company and list it only on the Shandong exchange ?? You can understand why I can worry sheep , however , whats another few weeks of sleepless nights ? I still believe in Father Christmas and the current board ..............I think.! merlin
TON Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
