The other month I published a graph of what the SP needs to do to hit 6cents by 24-Jul. That was getting depressing, and unless there is a tattslotto win type announcement, we can write those UNTO's off... Anyway, thought I'd graph our progress to get these UNTAQ 2.3 cent unlisted options exercised. Back in Feb, when the SP was at 1.3 which we all thought was undervalued, surely 2.3 by September is a gimme, but it's now getting close to June, so time is marching on. We really need to have some of those deals signed and announced that Idan illuded to in the last briefing. Without it, we may not get this $4M from exercising these options by the end of September. This is how we've been tracking since Feb, and aiming for 2.4c so we have some wiggleroom.
We really need to be beyond 3 cents, so that we can absorb some of the selling of the heads people will probably do to finance the exercising of the options.
UNT Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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