Can someone explain why anyone would exercise their 0.003 options at this time when the heads are only 0.003 to 0.004 at this time?
Are they doing so for long term as they are confident the heads will be much higher?
If not LT but short term, why not just trade the options? Unless they just want to support the company by giving them direct cash via the conversion?
Ann: Appendix 3B, page-11
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