I think it was hard to see, but what alerted me was the early...

I think it was hard to see, but what alerted me was the early exercise of a big portion of the options...I came to the conclusion that it wasn't BCG doing so because their underwriting conditions hadn't all been fulfilled yet e.g. it need EGM approval
the surprise was though how their underwriting obligation was then interpreted i.e. once more than 50% of the options were converted BCGs underwriting obligation lapsed...
so yeah, don't feel bad about it...I just happened to look into in a bit more detail...

still I think a deal will be announced at some point so picking a low entry now might very well pay off or help with averaging down if you are still holding and then get you out with profit...cheers