cdu 2.50 cr, page-28

Hoots

I like a chat.
So there will be 22.5 million options to list on the market?
20 mill from the underwriters and 2.5 mill from SH's.
I presume the underwriters can sell in a size parcel they want or not at all.
Now I would think SH's wont sell at 27 cents or anywhere near that so the only hope for cheap options (still dont know what cheap is) is for the underwriters to sell some.I presume they wouldn't flood it with sales at 27 c.
I know people wont overpay (what they feel is over) but I carnt see anyone who has paid $2.50 for a share and an option letting them go atm cheaply.
I suppose its totally up to the underwriters and what they want to do.
Very interesting.