Ann: Exercise of Options and Update of ASX Re-instatement, page-9

13 million out of 48 million oppies converted at 100% premium to the IPO price

Assuming many stuck with oppies do not have the liquidity to exercise every single one , this is a ridiculously good result considering at what premium it is to an IPO that is taking place simultaneously

I honestly think this is loaded up for an open of 25-30 cents

If they release a positive announcement , 35-40 cents is not out of the question