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clock Created with Sketch. 04/12/24
10:46
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Originally posted by FatDad:
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What are you again banging on about. You are a non-holder with no skin in the game still here posting day in day out. The raising was well and truly prudent. This is not the casino and you do not run your funds down to zero whilst committing to a drill program. The market is ruthless and vested interests can attack at any time. They could not rely on the option conversions to fund the operations so noted by the SP attack of those holders (many) who left conversion to late. The MD does not have to exercise all of his options if he cannot afford to - he would not be the first. My question was simple - what securities are to be cancelled not exercised by the expiry date!
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FatDad
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