Never say never but it looks to me like at least some part of the remaining 10 M optIons will be allowed to expire. Crazy behavIor, surely anything you can buy for 14c and almost immediately sell for (let's say) 20c plus or hold till later for even more, must be a good purchase. Regardless of what you initially paid.
Every option that expires is a retail shareholder throwing away cash.
That said, the decision by management to underwrite looks very, very sound IMHO.
Ann: Appendix 3B, page-6
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Mkt cap ! $60.50M | |||
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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