Correct me if I’m wrong, but from what I can see the options that come due in mid Feb have exercise prices of 3 cents and 4 cents. So unless something material is to come out in the next week then my bet would be that these options will expire without being vested.
The options that were granted to the board and Paul Underwood at last years AGM come due in 2018??? It is these options that are exercisable at 1.5 cents and are compensation for a lower remuneration package, so no funds are raised.
TNP Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
