Clear to me some smart guys were already arbitraging between options and shares. Look at the new issue announcement due to exercise of options.There was one such announcement just before the split. The split actually make it harder for the arbitrager...
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Ann: Exploration Commences at SPD Vanadium Project, page-27
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Price($) | Vol. | No. |
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1 | 51158 | 0.038 |
1 | 200000 | 0.036 |
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Price($) | Vol. | No. |
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0.044 | 226675 | 1 |
0.045 | 71981 | 2 |
0.046 | 66071 | 1 |
0.048 | 630227 | 1 |
0.050 | 150000 | 2 |
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