I disagree. Taurus have 61 million options exercisable at 40c on 31st December. I think the other major shareholders will be doing everything they can to keep a lid on the share price around 0.30c in the hope that Taurus do not exercise their options which would delete the stock by approx 10% :
"Taurus is entitled to 61,425,061 unlisted options over unissued fully paid ordinary shares, for nil consideration and exercisable at A$0.40 with half being issued at execution and half pro-rata on facility drawdown above US$5 million. The options expire on 31 December 2018 and have no vesting conditions."
What happens after the 31st Dec 2018 is then another story.
BSE Price at posting:
30.0¢ Sentiment: Buy Disclosure: Not Held