Quick numbers
Current MC without Oppies
325,000,000 @ 0.014 = 4,550,000
If the share price gets to 2.5 cents - oppies are in play
175,980,266 expiry 25th of October
If the share price gets to 2.5 cents or above VTX is to receive
175,980,266 @ 2.5 cents = $4,400,000 (just under)
Therefore if the Market cap is pushed up from where it is now, it could fund itself.
I smell a nice pump action play coming.
This is without the fact that there are other 2.5 cent options with August 2018 expiry
Thoughts anyone?
Whats Matthews involvement in VTX, page-19
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