@gassed my view is one of the reason for converting options to shares would have been long term value seen in the company along with avoidance of CGT by June '22. If anyone sells converted shares soon, then in my view it would lose both above purposes.
If some investors don't convert their options on time by 15th June then I reckon LKE may have to raise additional capital BUT it will be at a much higher price than 75c, IMO. Due (if) to lack of option conversion, LKE as a company would benefit because they will be able to raise additional capital at a price higher than 75c vs loss to investors who don't convert their options.
LKE Price at posting:
$1.36 Sentiment: Buy Disclosure: Held
