Options with a strike price of $0.29 almost double the current price. For them to get much out of them then this company would have to more than double in about a year and then some.
But that cash burn though is the only thing. They need capital before the end of the month imho and by my calcs. Placement or entitlement offer? Hopefully the latter
Ann: Change of Director's Interest Notice - Michael Hackett, page-2
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