1. Who is urging anyone to excercise
and
2. If the stock price was to go up tomorrow, to say 14c (unlikely) then guess what, it cost 14c a share to buy one.
If you want one you will cough up 14c in other words.
3. If you hold a 10c strike price option that hasn't expired yet, it costs you 10c to convert it into a share. In other words 10c not 14c. That's a great big saving of 4c!! are we all going mad!!!
Lets report non existant posters to ASIC who urge to convert your options before the head price is above the strike price. Freaky and Nutbar. These are the words that come to mind.
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