re: exposed?.......t4p.. yes another possibility trade4profit you are right.....
but are they the ones going to get to do that?
any shortfall in the options are going to be underwritten (have that from good source).....
so that kind of ends your theory....unless of cause the shareprice is too low to convert.....
a number of banks have been knocked back on project finance already.....
not sure who is underwriting though.....
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