Hi seuss..I'm not one to split hairs but they were in the money for most of the day yesterday. The announcement was made after close by which time the sp was at $0.24...the 3.5c fall might reflect knowledge leaking into the market.
With no premium, every 1c the sp goes above $0.25 represents a $30,000 windfall for JK and $10-15k for the others. Wish my oppies had that sort of risk profile..
jethro
meeting feb 10, page-20
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