CXY 0.00% 0.3¢ cougar energy limited

Why would someone convert such a large number of options to...

  1. 147 Posts.
    Why would someone convert such a large number of options to shares, fork out 200k for the conversion so they can get $5k shares at a discount?

    Why not convert 10k worth?

    Also, the company WILL NOT be doing a rights issue or entitlement issue.
 
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