That's my understanding as well. Can pocket the difference between the $1.50 exercise price and the market price by selling the shares straight away without putting any money down.
Do you see any benefit to MNY or MNY shareholders from this arrangement?
Ann: Notice of Annual General Meeting/Proxy Form, page-12
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$1.15 |
Change
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Mkt cap ! $239.5M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.18 | $1.15 | $392.6K | 338.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 44719 | 1 |
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