FL1 2.04% 24.0¢ first lithium limited

I like that they didn't take the options. It may interfere with...

  1. 428 Posts.
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    I like that they didn't take the options. It may interfere with the pending acquisition as they will most likely be issuing a lot of shares for that and another 25mil on top of those going to be issued just means more dilution. We don't know how the pending acquisition will be structured either and taking the options up may not of been possible.

    If the acquisition does go through and we open at a much higher price then management would get bagged big time as they have known for sometime what the acquisition has been. Just better not to take them. IMO
 
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