still before the storm, page-28

NKLEX you had a querie yesterday regarding options that expire 30/06/2010

Options Exercise price Expiry date

105,469,169 $0.10 30/06/2010
35,286,394 $0.06 30/06/2010
35,286,394 $0.10 30/06/2010
35,286,395 $0.15 30/06/2010

The numbers came from Appendix 5B
Mining exploration entity quarterly report 31.12.2009


So my calculations suggest:
The 6 cent options would bring in ~ $2.12 mil
If the share price got above 10 cents then exercise of the 10 cent options would bring in ~ $14 mil

I hope this is correct and would be pleased to be corrected if have made a mistake.
So it would seem that a SP around 6 cents at 30th June would only generate enough funds for about another quarter.

And now for a hypothetical:
Would a company wanting to take up a substantial stake in PEN want options to be exercised or would they prefer to keep the share price down so options aren't exercised and so force the company to do another capital raising and then pick up a large sum of shares as part of the capital raising at a price below 6 cents?
I ask this because it would seem that a lid is being kept on the SP and I am trying to look for explanations why. Any thoughts?