stefan, the excercise price is 5 cents, so they will track the sp all the way to $5 if the share gets there because all you have to do to convert them to shares is pay an extra 5 cents, options usually give a high leverage when shares are at a low price and you expect a big rise in the sp.
i told you cr below 10c. sp will drop to 9.5 c, page-38
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