martin rogers - lighting another flame?, page-15

quite possible it's a p&d cableguy, The Lind Partners are ex SpringTree convertible note crew

they did well with Mr Rogers while he was at PRR - the only company I can remember that went higher whilst issuing convertibles

was looking for short term price movement clues in option wording

"calculated
over the last 5 days on which sales of Shares are recorded immediately prior to the date of grant of the Option at any
time prior to 5pm (ADST) on 30 April 2017"

wouldn't options be granted after approval at meeting?

if the share price 5 days leading up to the meeting (starting late next week) is average VWAP 0.9c or above, the options would have higher exercise price at 140% of 0.9c (1.26c for example)

better for option gatherers to keep sp at 0.8c or below for lower exercise price unless granting of options is at a later date?