as an existing shareholder the options are of no concern to me....

as an existing shareholder the options are of no concern to me. They would have been more of a problem had the GFC not savaged asset valuations, including AMM's SP. Although there's a shite load of options out there, I can't see many of them being exercised. At a SP of 17.5c I can see sellers (of freshly exercised options) outnumbering buyers 100 to 1.

And anyhow if some options are exercised what's the big deal? While other companies are scrambling to raise cash from discounted placements, AMM would be raising their extra cash at basically market rates. AMM still has debt and they're still expanding their network so I'm sure they could find a good home from any extra cash raised. Any dilution to earnings would at most be temporary.