SBN 0.00% 0.0¢ sun biomedical limited

options

  1. SSV
    1,145 Posts.
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    I think a point we may have all overlooked is the free options.


    If all the options get taken up including DR Sun's

    183,448,155 times 2cents = 3.66 Million Dollars on top of the 2-3 mill with this raising,very clever indeed.

    So if sbn takes off they will have access to potentially another 3+ mill.

    That will be future capital coming into SBN as shareholders exercise their options.

    So if they can get the share price north of 2c they may never need to do a cap raising again.

    I believe this has been a well thought out strategy.
 
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Currently unlisted public company.

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