I'm not one to bag LUM, just pointed out facts as i saw them in the past.
It's a company i've followed on and off for a few years. Personally i don't think buying loss making Vertigo was the best thing they could have done. But they still might turn it around, so i'm pretty neutral about their outlook. As you said, i ended up with a tiny parcel, so i check on LUM from time to time.
As for exercising options, i certainly don't think the share price is going to triple. Infact i'd be suprised to see it above 2.5c any time soon. But people have been known to exercise out of the money options... for the right reasons.
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