Good post.
You missed the fact that the 14m options expire end of July so, given they are strongly in the money, we should see an extra $2.8m in cash in the next few weeks and a simplified capital structure:
- 50 million shares on issue
- Approx $20m market cap
- Approx $5m in cash
Woodman is a gun and a key asset in the Middlemas stable. I expect news flow will start once the options are cleared.
Good luck!
J9
Good post.You missed the fact that the 14m options expire end of...
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