Hi SSN followers,I am looking at SSN at current levels. This has...

Hi SSN followers,

I am looking at SSN at current levels. This has been on my HC and Etrade "watch list" for a few months.

Upon reading the recent options conversion notice I just wanted to confirm that there are still 222mil options outstanding that can be excersized at 1.5c before Dec 2012 ?

With the assumption that these will hit the market in the coming weeks/months and could be sold for a profit anywhere above 1.5c I assume a bit of selling pressure is still to come ?

Looking forward to any points of view re this.

GL

Tymmsy69