Hi Litch,
Considering the 15mill shares are maybe 15% of the total shares on the register and considering it is also well in the money (30c exercise) I dont think there will be a marked effect on the fpo share price.
ANy price action from now to then is more likely going to be affected by current market sentiment and MAK progress than any exercise of options. I've given up guessing where this may go short-term, so on that basis should you buy now? Who knows, I am looking towards the long-term for my rewards from this point.
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