It's a tough one to speculate, however it would be stupid not to...

It's a tough one to speculate, however it would be stupid not to have all options exercised as if they intend to issue more shares through out the year, they may require it to go to a meeting (over the 15% rule).

There is a million bid on the options in the market at 0.001 cents, this may just a punt or it may be a silent underwriting. Either way, watching the trade today, their was plenty off screen buyers picking up the stock and leads me to believe this wont go below 75 cents. (if i does my bid is waiting and I wont bother with sending off a cheque to convert the options)