Hmmm. I hear what you're saying, but I don't totally agree. If we're still at 52 week lows moving into June, we're going to get EOFY sell offs, driving the SP lower. If that happens, thinking about todays market reaction to a great 4C, we would need a stunning June quarterly to get us up and over 2.3c exercise price of those September options. Let's face it, it has to be well over 2.3 to get a good conversion rate because some will need to sell some heads to finance the exercise price.
At this point of gaining traction to rollout, we can't afford to miss out on almost $4M in options.
Appologies if I sound a bit negative, I'm just stunned at today's reaction to this 4C.
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