THere are 32 mil options, but if exercised by late next year...

THere are 32 mil options, but if exercised by late next year they will cancel out an equivalent amount of debt (major shareholders lent money during GFC to keep it going), so the money the company receives will cancel out some monies leant to it by major shareholders.

THe exercise price is 2.5 c from memory (check), so in my opinion it ought to recover to there at least.

On the USD, thats not so important, they flagged they are looking at withdrawing from US and focusing on AU sales. More important to follow international olivce price for rebound. IMF charts this as does indexmundi on a monthly basis. A rebound in olive oil price will stop the cheap spanish imports and help Aust producers to reclaim market share.