True Ohrweh, and the shorter term outcomes/grief are 100% around option conversion, and the inability/disinclination to convert without more of the front story being laid out.
I have little doubt once this option tsunami (exacerbated by the Series E clusterf**k) is settled, the FPO's will race ahead as they should, tempered only by the need to raise again to align the outgoings with money they otherwise expected via the HZRO exercising.
I have no idea if the tech is sound... others inform me of that, and I am not concerned with patent protection or whatever swami keeps banging on about on twitface. Plenty of secrets out there get by fine without ticking those boxes, so happy to let the story unfold, protected and tucked in by the years of cleverness and derivatives borne from able minded scientists from the UWA.
At this point options are lost, IMO.
And the more concerning bit for me is GP's apparent need for a hurried exit.
If it is a Turnbull or Abbott'esque thing, as it appears to be to me, then those sour grapes will add just that hint of acetic to a slowly aging grange.
If it is to do with an entire enterprise fail, well...
For me, the Series E's option conversion failed retail badly. I doubt ASIC has the inclination, nor the wherewithal to pursue it further.
GLA.
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