Interesting discussion - two sides to it, those wanting options sub 2c are assuming SP remains 5c and those willing to take up 2c options are expecting news flow to push up SP which will then increase the price of the options.
Considering the timing of this rights issue, directors' converting unlisted options and recent company update perhaps we can expect announcements to start sooner rather than later.
Ann: RLC rights issue of options, page-22
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