You forgot to factor in weekends when the market doesn't trade, so that 64 days drops to 42 days (and that's counting Queens birthday which is still a trading day in some states), plus the oppies actually cease trading one week before June 30th, last actual trading day is June 23rd, and then you have exactly one week to decide if you want to whack up the 10 cents per oppie exercise money. I'm certainly in no position to exercise any oppies, too much damage done to my sorry lot of shares, plus dont forget that time of year (end of June) co-incides with people crystalising tax losses. A very bad time for many to come up with perhaps tens of thousands of dollars. As an example, for 1 million oppies, one would need $100k to fully exercise that size parcel (i have more than 1 million) I rate my odds of getting even on VILO around 50-1, but 50-1 shots do win occasionally. Something massive needs to happen in MAY, and the sooner the better.
VIL Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
