I am a holder of ARD and ARDO. Personally, i am very bullish on the price of ARD being closer to 30 (maybe even there) than 20 come option conversion time, in fact, well before they stop trading on the 23rd June.
I will be converting my options. Even now, to convert the options gives you almost a 10% discount on the last traded price of ARD, so why wouldn't you convert. Remove the sub-conscious that ARD is 20c+ and can't fly like something that is 2c as the company has a market cap of a meagre $25M and with their next round of results, we should see this increase considerably.
If you are unsure, contact the company about what may / may not be coming up or ask your broker.
All my opinion of course. i am allowed to be bullish. If i wasn't, then no point me holding. good luck to all.
ARD Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
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