Surely nearly all option holders will convert - the about 178M options are as below:
The Options will be exercisable at $0.03 each and will expire on 20 September 2017. The Options, if exercised, would raise up to a further $5,643,279 in additional funds.
Even if you don't want to continue as part of the company, exercise at 3c and sell at 8c or more seems a "no brainer!"
Quarterly report, page-5
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.4¢ | $75.96K | 1.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1472431 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 793830 | 1 |
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| Last trade - 14.00pm 29/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
