I am always concerned when company's give away free options.
To me, what they are saying is they expect the SP to be around the 1.2c mark in 2 years time.
Am I reading that correctly or just being too pessimistic ? Because to me that is a long time to wait for what I consider to be a small increase considering the potential of the project.
Ann: Inca Offers Shareholders Rights Issue & Conducts Placement, page-9
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