Sorry, stupid question here hoping someone can answer. Just dont understand how the option thing work...
Say someone bought the option 50,000 at 0.07 = $3,500. Does that mean if the SP goes to say... $0.50 before June 2026, they will be able to exercise it at 30c, which means:
$0.50 - $0.30 = $0.20 * 50,000 = $10,000 - $3,500 cost = $7,500 profit?
Ann: Loyalty Options Offer - Distribution Schedule - ACMOA, page-37
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