I think you are spot on. The options were part of the deal when LIM came into THX and now they need to pay the price in full I expect or they maybe just cancel out and expire.
That would give plenty of working capital for THX but other posters may see that non conversion is a good thing too as reduces share numbers.
Never heard of paying a reduced price for options but would have thought THX would have had something up their sleeve to boost the price leading up to expiry but we still need to wait.
Nothing wrong with THX, its just not on everybodies list of excitement yet. We know the potential.
Our time will come along with relatives in ROY and UMC.
65 cent oppies, page-3
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