TOX tox free solutions limited

If TOX was trading at 6c and the oppies exercise price is 3c,...

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    If TOX was trading at 6c and the oppies exercise price is 3c, then TOXO should be at 3c, with greater leverage?

    3c + 3c = 6c

    Someone correct me if I'm wrong.. new to oppies.

    Cheers!
 
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