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clock Created with Sketch. 23/12/20
12:21
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Originally posted by Headhunter:
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You are completely missing the point and focusing too much on the timing, when you should be focusing on the risk/decision making to exercise, as they were not obligated to exercise the options.
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That is not how it was done, the .138 price is share price for execution not purchase price, strike price is defined by option grant let’s say was .106 then owner netted .032 per option, they don’t spend a dime and get the value of that back in shares at the market price. If the options expired on date in December then they either execute or get nothing upon expiration. Never have to spend anything of their own money because it is cashless transaction.
(20min delay)