Wotoil
Your statement that this could be a good time to get out as most options expire worthless was very misleading. While that could apply to Exchange Traded Options ( ETOs ), it has nothing to do with CTPO.
CTPO is a Company Issued Option which is entirely different.
An ETO has no effect on a companies financial position if it expires worthless or not. However, a Company Issued Option is used by a company to raise capital and it is obviously very important to them that the options are exercised. In CTPs case, the importance is approximately $50 million. For this reason the exercise price will have been set well below what the company believes the share price will be on the exercise date.
I see no reason to sell my options.
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4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $6.378K | 131.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 239074 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 59455 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 42854 | 0.049 |
1 | 993675 | 0.048 |
1 | 200000 | 0.047 |
1 | 100000 | 0.046 |
4 | 539092 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 59455 | 1 |
0.052 | 95840 | 1 |
0.055 | 461000 | 2 |
0.056 | 178589 | 1 |
0.059 | 25000 | 1 |
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