im going thru a similar experience with FFX, a lithium player who also hold Gold.
many holders of FFXOA options which still don't expire until EOY may start converting early, now.
the reason for this is that FFX is splitting its lithium from its gold into a New Li Company.
existing SH's get 1:1 allocation in the new entity, expected to be based on Shares held, not Options.
now i know SYA is not splitting into 2 entities.... BUT, something similar might be happening around equity & NAL.
we never know, perhaps PLL are looking to absorb us -- and greater value placed on heads instead of options, idk.
lets look and see....
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