"Of all the dumb things I've read on HC that's gotta be very close to the dumbest of them all. Exercise an option for 2.4c or 4c when you can buy the shares on market for 1.5c? "
If I have 1 million PABO, entered price 1c.
1) convert them all
Total cost (1c+2.4c) x 1 Million = $34K
2) buy from market
ie. Wiped out my 1c PABO in August.
Total cost (1c+1.5c) x 1 Million = $25K
Do I calculate it correctly?
Ann: Updated guidance for PAT-DX1 phase 1 clinical study, page-98
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