next, options 4.5c, company needs them executed for cash, sophisticated investor buys them up to keep company happy.
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Im NOT very familiar with options, ill be honest, so what this basically means is sophisticated investor IN THEORY should buy up plv to around the 4.5c so that the options get executed and the company gets cash, is this about right?
When do the 4.5c options get exercised? whats the date?
thank you again.
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Again I ask,so you guys think getting out now or around 4.5c and preserving something is the smart thing to do now?
because plv is basically a dead duck with too many shares on issue and too many risk factors working against it now, that's about right in a nutshell?
t
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