They were 3 cent options issued from a prior raising . It would have made no difference whether the SP dropped or not , the conversion price is fixed and the good thing is that there are NO coinciding simultaneous sales. This information together with Guy Laliberte's 2 million was already known and anticipated on Friday when the previous proposed issue notice was released. As mentioned , it may have been an intentional stabilizing sign to provide some calm to the Companies market value and SP.
I guess we'll see. Will be very interesting to see what happens generally with the rest of the OC's and perhaps the remaining OD's before the end of December and into the end of January AGM.
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