I think the doc means that when the 1c oppies are trading @ 1.9c then they are worth 90% more than the strike price. If they were to fall to 1c then they are worthless come Aug 2010. This is highly unlikely to occur imo.
Please correct me if I'm wrong doc. Cheers.
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I think the doc means that when the 1c oppies are trading @ 1.9c...
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