The oppies are getting into the price level where it is not worth the bother to exercise them.
I think the LRF buyback strategy needs some modification.
Since there is selling pressure on the shares anyway with the options at a discount, it would be far better for LRF to quickly push the battle line a bit higher in the price range. Say around 1.10 or so.
The underlying value of $1.26 fully diluted should justify this anyway.
Perhaps they plan to do this closer to the 12 January.
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