Interesting thought. I know we are talking about PNO here but it...

Interesting thought. I know we are talking about PNO here but it is unthinkable that there would be a CR BEFORE the announcement of the official launch given that so many pharmacies have the product on their shelves already(albeit briefly!).
Who knows what an announcement will bring or when it will be made. But....if it comes sooner rather than later then the options still have a chance. It all depends on what is stated and, more importantly, when. Clearly, the closer it gets to June 24 the less likely a rally in the share price and the more likely there will be a CR. But IMO it must come After an announcement of some material influence - so take what you will from those thoughts.