Far as these notices go It would appear neither have actually exercised any 7c options as of yet (they were only just issued) but they are 'in the money' by 50% atm.........so it might prove slightly tempting.......however Yat knows where this is headed so doubt we'll see these exercised for a good while........7th sept 2020 they expire...........
I'm going to hazard they'll be well and truly above a 50% prof margin by that point........just my feeling..... Should they exercise any, there will be a separate option exercise notice (as you're probably aware).......these two 3Y's just tell us that they got their allocations allotted from last raise, and how many etc etc..........house keeping.
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