pbnewby, the question remains what must or can occur within the next few months to get share price nearly 100% up from here for the options to be in the money
Regarding the oppies who will be willing to exercise them as everyone can remember what has occurred in the past few months regarding the last 30c rights issue and cheap options and profit taking
The price will have to be well above 30c for a period of time before imo many will be willing to exercise 30c options and how many are there that will be happy just to get their money back after the stresses of the past 2-3 months
From my experience there are countless company announcements every week of options expiring or lapsing as the share price was well below the exercise price..
DYOR
Australian Story - Gunnings & Stehn, page-63
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