@Tinwins - missing nothing, just using the wrong numbers. The...

@Tinwins - missing nothing, just using the wrong numbers. The exercise price is 50c. So if you can buy the pear's at 3.5c and add 50c to make a 53.5c cost vs pea stock price of 57, good luck to you.

the biggest issue is finding a qty of pear's to buy... mixed bag of prices today but was a few small parcels tossed out at 3.5c and below. Fairly tightly owned stock so the may come out in dribbles by those that will not be tossing in the extra 50c to buy more.