I agree. The options were out of money before expiring, and you could say it is not rational to even covert at all.
why the SP was below 40c the all time could be anyone’s guess.
fundamentals are solid, but big investors need to see real revenue.
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- Ann: Expiry of Listed Options & Appendix 3B
Ann: Expiry of Listed Options & Appendix 3B, page-6
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