1.exercise date and ex date are two different things.
the ex date is the date that by close of business on the day before the ex date the shares are the one's held at that time and on the books as eligible for the bonus and free options.
the exercise date is the date which the options need to be converted by to be on the books to convert the options to heads.
they are unrelated.
but if you have options at the moment, some people will convert them now to receive the bonus and free options and this has to be done ( and on the books as heads owner) by the day before the ex date
2. I presume you mean the the post consol shares, the day of the ex date? If so, around 30c all things being equal which they are not so it could be anything, depending on the news and the market sentiment.
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