The question is will they get to 2c before they run out of cash? Given it is only 2.5 months to expiry, will they have time to make the announcements you say will cause the oppies be in the money before they expire? Also if the share price is 2c can they offers shares as low as 1.4c?
MPJ Price at posting:
0.9¢ Sentiment: None Disclosure: Held