when all of these options are fully exercised, we'll receiving cash around A$10.5M in the future with the result of current shareholders diluuted by 20%.
I will let you speculate on this but I will be keen on monitoring BOD's actions on future compensation and remuneration to management and itself.
On the hand, the business is improving with more producing wells, ORRI, development of Niobrara and POO heading north.
"When the business does well, the stock eventualy follows" - WB
SSN Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held