"surpression", page-27

Sorry Lex

I didn't see anywhere in the post where it said fully diluted, that makes perfect sense now. Of course, IK not taking up his 1.45m options that expired on the 31st December, 2011 at 12c would be a great example of where options on issue didn't actually dilute the company, maybe comparing undiluted MC, at this point in time, would be more appropriate. In that case, the MC's stated by Hotcopper would be far more comparative.