I think that the option exercise is pulling the share price down more than the 4C
There's still over 120M CDXO outstanding that will need $6M to exercise this month. Some holders are selling oppies so potential buyers are picking them up instead of supporting the heads.
Likely the SP will trend towards 5c - it it goes under, option holders will not exercise and that will really cause a cash crunch.
The faithfull need to find $6M.
BTW, anyone know the last day that the options will trade?
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