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22/03/18
10:31
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Originally posted by Jack1960
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The exercise of deeply in the money options will always have a short term negative impact on the share price. In the case of NUH, that impact may be negligible.
More importantly for the moment, as Howard says, it will contribute another $1m into the company to fund production, marketing and admin costs prior to the release of IQ Boost.
Reviewing the 3B, there remains approx. 78.6m options at various prices and various expiry dates up to before March 2021 which in total will raise around $5.85m (average exercise price 7.4cps) . If the company continues on its current trajectory of sales and product releases, we can expect all of these options to be exercised and the need for a CR greatly diminished unless our products go ballistic.
Todays release should be considered as another foundation stone in the building of the company. It was only a few short weeks ago anyone could have bought the stock below 6c, so there's nothing sinister to see here.
GLTA
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Thanks Jack....well spoken or written even