PAR 0.00% 26.5¢ paradigm biopharmaceuticals limited..

Ann: Application for quotation of securities - PAR, page-15

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  1. 638 Posts.
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    Not sure why anyone would stump up $2m (638,000 shares x $3.24) when they could buy 638,000 shares now (well give it a few days) at $1.05 to say $1.20 (very generous levels over past 6 weeks)... It makes zero economic sense, so there is obviously something we are missing / not getting.
    Please remember that when you exercise an option, you pay the notional value of shares x strike price.....
 
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