Options are cheap leverage/hedge in a way. Allows you to bet on the future of the company being higher than the exercise price without having to front the money aside from the measly 0.005 per option. If they aren’t worth more, no biggie. If they are worth more you can exercise and be ahead. imo options in general are underrated. Typically if a stock is performing, a lot of the time you get better returns on options vs heads.
Ann: Loyalty Options Offer - Prospectus, page-26
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