SP1 0.00% $1.07 southern cross payments ltd

Ann: Search Party Signs Strategic US Partnership, page-10

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  1. 5,020 Posts.
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    I would think the price would need to be very close or above the strike price for a period of time before conversions will start happening. Just because it hits the strike, might not give enough confidence for people to pay up and then risk having options that they paid 25c for, worth less by the time their paperwork goes through.
 
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