"Perception could be 'near term' stretches beyond May, so best...

"Perception could be 'near term' stretches beyond May, so best sp is now in some holders' minds?"

It's called the stockmarket...... that's how it works mate.....

The options have a finite life, the 9.5c ones have to be converted in the next few months. So yes, the owners of about 1.6 million out of the +90 odd million (less than 2%) left to be converted decided to convert today. That's how it works.....people sell their shares/options everyday.....for whatever reason.

If 98% of options were converted this week, I would agree that could be seen as holders thinking "now" is the best SP.

I'd be more concerned that the stock aka the 18c stock, is now becoming known as the 17c stock.