That is true! I've said and wondered why ppl would still
trade with a month to go. Oppies has been open for 12 months and that's the risk you take.
Oppies are a hedge bet considering Heads hasn't been expensive all along. At most it was around 3c mark and converting Oppies are 3c so why buy them??
I didn't take into consideration the dilutions. Nothing to stop oppie holders from converting now actually...
People like FX just buys and sells without any intention of conversion, that's their prerogative. They can double or treble their money playing this way.
I may say NO after all. Not fair on us real LT shareholders with dilutions.
I want us to have rights to oppies as well.
Ann: Letter to Listed Option Holders, page-101
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