RLEOA, page-107

Bit rough so I’ll bite.

People who bought more options than what they were allocated via the free placement did so to make profit off them pure and simple and if there was no risk attached to them the profit potential wouldn’t exist. Given the way the previous cap raising was handled I personally attached the risk of the company doing the same thing again in raising prior to results.

The company had to weigh up the risks of potentially the option A not being in the money and having to raise at a lower price and further dilute share holders through a cap raise well south of 10c.

The option A had a great upside to them but were always dangerous for a multitude of reasons.

Full disclosure:
I hold option a’s (My free ones), I sold most of my option b’s that I bought after the cap raise and hold majority heads.