Options

Hi All

The latest option raising closed yesterday, with the results/distribution being finalised on Monday 20 Dec. It will be interesting to see how popular the issue was with holders, as it will give a good indication as too the underlying confidence in future performance. I for one was happy to contribute as the conversion at 11.5c was well surpassed earlier this year before the puzzle was complete. Management has said that they have been working hard behind the scenes for the past 6 months, I accept that and anticipate plenty of activity in the latter part of the current FY.

kippax