Summary of what has been written.
Risks A. B. C. D. = appears unlikely that the DFS is 99% complete.....
- potentially mitigated by investors converting options at 3c. However this can have two problems.
- Do you have the money to convert the options
- Are you happy to wait 2 weeks to 1 month to receive the stock from the converted options
- Is it not easier just to trade the options rather than convert ? - avoids the 2 above risks.
- Pattersons capital raise - same method as last time. XX% discount calculated on the last VWAP 5 days ?
Does not seem to be any other options.
Per As:
https://www.asx.com.au/asxpdf/20200131/pdf/44dqqjkk1vz3m6.pdf
CHINESE GOVT APPROVALS HAVE NOT BEEN PROVIDED.
All risks in my original email are still valid.
Going to back to sitting down and watching over the orchids.
Please try and stay ontopic when answering the risks A. to I. rather than resorting to petty insults.
Do you feel lucky?