On Sept 20th and 21st 100,000 options were exercised.

That was the last (as far as I can see) exercising activity and the options that must be exercised before they expire is nigh at an end.

Today Canaccord sold 100,000.

Hopefully that marks the end of this head wind.

If it is the end, then with news expected in October (thereabouts) , with no overhang, we are positioned well for some positive sp movement.

News I am expecting :-

EDB sponsorship

VCSEL completion

First partner NRE

All and each of the above will move the needle.

ST