regarding the whole $13m issue, all that needs to happen is for the oppies to be in the money by/before 30 June for this $13m to be realised by ksx. If we said that the share price was clearly above 25c at this point, this would mean that anyone who converts oppies will be making money as max ksxoa price was 15c. Plus additional 10c to convert to ord shares means no-one who converts will pay more than 25c for those ord shares. so if the sp is at 35c say, you would assume all 130m options will be converted.
re zak's secret squirrel business of upcoming news, clearly the commercial agreements are nearby. as peter marks says in his summary on page 4 of the half yearly, "With the release of the PulmoTrack and receipt of regulatory approvals it is expected that commercial negotiations will be concluded,". With these criteria having been met some 2 weeks ago or more, it can't be long now.
the question is, what will it be worth and how high can the sp go? fyi, i own ksx.
KSX Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
