options totally out of the money, page-6

Carlisle, it's a consideration all options holders need to make. These is one other thing I will take into account, if options aren't excersised in great numbers they will most likely either borrow or dilute to raise capital. If they choose to dilute, then to raise the same money as the options would have, the dilution would have to be much greater, as the placement may be at 10 or 15c, for example. Which would seemingly ineviatbly lead the heads to that level.
Perhaps stumping up the option money may be the path to greater profits in the long run. Like nk I will exercise at 20c or above.

Cheers Mal