These are no options they are convertible notes with a 10 % coupon. They have been issued October last year and have still close to 2 years to run. In April next year TZL can call them at 103 % of the issue price of $2,95. It looks pretty stupid to me to convert them now, but maybe DKR/Oasis needs the proceeds. They have been the only sellers in the market recently.
Klaas
delist, page-44
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Change
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Mkt cap ! $6.414M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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