I think realistically the price needs to be at 90 cents to $1 for option conversion. The issue is - if you had the cash and believed the story you would be buying now. The SP will likely dip if the options are converted - possibly not - but there will be a dilutory effect. If we get to 80 cents ONLY, I would think a lot of people will not convert because there is a risk that it will go lower, when people sell to pay for their option conversion. If that makes sense...
CTP Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
