Today's ann will, imo, put some certainty back into the market. I like to think the price will go back up past $2 but read my disclaimer. I emailed the company on the weekend and they have responded in a very positive way to all that I asked. I guess it's now up to the market.
Between now and after option expiry I expect some selling pressure on both heads and oppies as one way or another, the market pays up the exercise price. I plan to exercise all my oppies and possibly buy and exercise a few more on any price weakness.
GDTO holders are far better off selling than allowing their oppies to expire. In 13 days time, oppies cease trading and expire worthless a week after that. As I see it there are only two sensible choices, selling over the next week or so, or exercising by paying the $1.50 exercise price. Allowing in the money options to expire is not a sensible choice imo.
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