He can do that or just come up with $1,875 and have 52500 shares the difference would be at $30
51250 x 30 =$1,537,500
VS
52500 x 30=$1,575,000
Loss of $37,500
and to drop it 5c as you are saying as it's $1.55 currently
If he holds 100,000 as I think he even holds more his sell order will wipe off $5,000 off his holdings for every 100,000 shares he holds if he drops it 5c
just for $1,875
I'm just saying people got to do what they have to don't miss out on the option
"I would not miss out on the options"
I would probably sell to convert if I had no choice I guess but I'll try every other option before selling.
But that's me I'm greedy for RAC shares
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Last
$1.75 |
Change
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Mkt cap ! $297.9M |
Open | High | Low | Value | Volume |
$1.79 | $1.79 | $1.72 | $146.2K | 83.61K |
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No. | Vol. | Price($) |
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1 | 2901 | $1.73 |
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Price($) | Vol. | No. |
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1 | 2901 | 1.730 |
1 | 644 | 1.725 |
2 | 4039 | 1.720 |
1 | 538 | 1.715 |
1 | 1281 | 1.710 |
Price($) | Vol. | No. |
---|---|---|
1.750 | 994 | 1 |
1.760 | 257 | 1 |
1.765 | 5000 | 1 |
1.770 | 30 | 1 |
1.780 | 5000 | 1 |
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Change
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