This is not true.
If there is a take over, not at all what i think is going on here, options are to be paid out minus the strike price. So if the offer is 50c, option holders will be offered same minus the 2 c = 48c
Time to exercise the company option?, page-11
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1.5¢ |
Change
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Mkt cap ! $129.5M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $34.99K | 2.333M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 34399504 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 9355298 | 13 |
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