re: canmex or rab it won't matter if the shares are above 10c ;)
post consolidation -
shares $2
oppies $1 for a $1 call
better owning the oppies 1 for 1 and having less capital at stake. Are you in this for a win or to play safe?
If it doesn't come off heads drop from 2.7c to 1.5c and oppies drop from 0.8c to 0.2c
if it does come off . . . .