The kind of mug that converts an option nearly 6 months early only has one thing on his mind. Dump the stock as fast as possible. There was no liquidity there for them in BIDO trading, but they could move their 300k+ BID shares in one day.
This company is going to be seriously cashed up when all the BIDO and Cove options come in. Over $6m on top of what's already in the bank. Pedal to the metal time on growth. Maybe shoot for the stars and go for 200% pa growth this year. The fun starts when instos decide they want a piece of the action. Usually their 'in' to a company like this is via big juicy CR, which comes when growth starts accelerating. But if there is no CR coming, they will have to buy up on market.