Interesting, page-18

Sort of.

They paid 1.5c per share, with a 3 for 2 attaching option exercisable at 0.5c

2 shares @ 1.5c
3 options @ 0.5c (free)

So they paid 3c for 5 shares
Or 4c for 5 shares when exercised

Current Value
2 shares - 1.6c
3 options - 1.2c

They are overpaying by about 0.1c per ordinary share, presumably because they believe in the project/company.

If the money comes through today, our share price should reflect what ever the SO paid (assuming there is no additional hype about DSO).