I would like to see the gap close between 8.2 and 8.4 cents before it starts to rise again.
I think it is more likely for the options to be granted at a strike price of 10c if the share price is still low. This being considered, I cant see much in the way of announcements before the AGM.
I will personally vote No to the options. 39mil @ 10c seems a bit too much and I am a Phil supporter.
yesterdays gains all lost, page-2
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