Yeah you're wrong.
Assuming they have 11M shares to sell
Option 1: allow the options to lapse
Result: Own 11M shares, have 1.2 million+ in the bank
Options 2: sell 11M shares at 13c, pay 1.2 million dollares to exercise 6M shares
Result: Own 6M shares, 1.2 million poorer
Allowing the options to lapse is clearly the better option.
Yeah you're wrong. Assuming they have 11M shares to sellOption...
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.429M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40875 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 40000 | 1 |
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