48,220,948 POKO -if they are exercised, this equals $9.6 million
yet the company just announced 2 days ago, in their presentation, they intend to offer 100,000,000 shares under prospectus to raise $7.5 million
therefore, if POKO are exercised on 30/11/15 (expiry date), why would POK need a capital raising under prospectus?
if POKO are exercised, the investors lined up to buy at 7.5 cents per share will miss out
seems unlikely