I appreciate the capital raising, but I'm a little narked with the free options with a long term expiry date of 30/4/17 and a low exercise price of 6c.
Us long term holders were given options a few months back, which we paid .004c for with the same expiry date and exercise price, as bit of a pacifier for our losses.
I think the exercise price on these latest options could have been significantly higher owing to the fact they have such long legs. With the restructuring of the company I need 16cps to just break even....along with a number of acquaintances. Since we were given our options I believe the company has moved a lot closer to actually making sales and it's not so much a case of if, but when the ball is going to start rolling. I am a supporter of the company, but after what happened previously,I want to see the right thing done for the shareholders.
Regards Dabru
CGP Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held