The bids and offers are both light in number and no-one seems...

The bids and offers are both light in number and no-one seems anxious to trade up or down or meet in the middle. It's limbo time!

I received my loyalty options entitlements letter (x2) today dated 17 May and it says that the Prospectus and acceptance form will be posted 26 May. Assuming that it will take a week to get to me will mean that I will only have a few days to accept and pay up. We can work out now though as to how much will be required if considering accepting.

Full acceptance will result in $141,506 gross being raised, but the bigger and real money will flow if and when the options are exercised. The 3 Ds have fully underwritten the issue. Will there be good news out before 7 June to tempt us ord shareholders into acquiring the options?