All comes down to how you look at it , those fortunate enough to make money trading the options have done very well but that does not make Cellmid any money if they are not converted, which not enough options were converted, hence raising money at 3 cents.
What about investors that paid 1 cent to 2.8 cents and ended up losing , and also not everyone buying options are traders and have intention of converting if in the money , the market is full of different investors,
Also when options are taken up in a positive manner by share holders It is a very good look and the overall market just might take a little more notice of little oll Cellmid.
Cheers Sarto
CDY Price at posting:
2.9¢ Sentiment: None Disclosure: Held
(20min delay)