Just wondering if someone here could give me a quick lecture on the following...
I have, and I am sure many others have also, 3cent options which expire in Sep 2024.
When PEP-11 gets approved and drilling begins and we hit gas, the SP will rise accordingly... As a guess $3 per share.
I would assume that everyone that has the options will convert to shares as 3 cents.
What would happen to the share price after this process?
PEP11 APPROVED?, page-8
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