most of the options are owned by Hartley's clients, who got them for free
since there are insignificant GPHO buyers on market, the Hartley's clients exercise them for 8 cents, sell the new shares for 10+ cents and make 2+ cents profit
however, if you bought the options at 2 cents, there is no point exercising them since you pay an additional 8 cents and sell the new shares for 10 cents and make zero profit
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(20min delay)