- you probably need to sell sometime prior to expiry date as I am not sure how long it takes to convert (I could be wrong but whoever you sell them to needs time to convert). - you either need to convert them yourself in which case you need 200,000 x $0.20 = $40,000 and then sell them at $0.21 for $42,000 or, - sell them to someone who will convert them, you may not find that may people active in late December.
Best of luck, I understand your strategy and I hope it works out for you but it is far from risk free. Personally I would try and lock in any profit as soon as possible (unless of course you can afford to convert them).
JKA Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
