Say they bought those options for 22 cents and it costs 1 cent to exercise, thats 23 cents for a share. The price per share is now say 12 cents. If they convert their options for 1 cent, they stand to be down 11 cents per share. If they do not convert the option to a share they stand to lose 22 cents per option. Now the decision is do I outlay 1 cent per option to convert to a share and have a 12 cents share, being down 11 cents on my purchase price or do I not convert (outlay 1 cent per option) and lose 22 cents per option.
I guarantee you whoever is still holding IS converting.
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $26.70M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $9.389K | 784.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 9728457 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 214529 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 9728457 | 0.011 |
18 | 9902795 | 0.010 |
10 | 5576330 | 0.009 |
5 | 4520074 | 0.008 |
3 | 648560 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 214529 | 1 |
0.013 | 1427939 | 6 |
0.014 | 3150000 | 6 |
0.015 | 500000 | 1 |
0.016 | 2359503 | 9 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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