Is it the last resort attemt by management to keep company alive ? They did put up some money in the company's book but don't forget that they are getting paid salary from the very company as well . They casnot go to market asking for money as asic restricted them . The revenue from all the resources so far is not covering expenses and they caanot forever rely on loan facility they have . I am for one is not feeling jolly good about them converting options . Lots of promises so far and they are years behind promised timeline on almost everything .
Is it the last resort attemt by management to keep company alive...
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