CEO team,
I think you will find Patersons did the initial deal at 0.8cps (or something like that) and brought in the ME team.. 12+ months ago that saw a number of 1cps options attached to the deal. A big number..
My view is all the exercising of options has been Patersons clients.. taking pretty good profits.
Many on this board pride themselves on their due diligence. Check out the number of "in the money" options on this puppy a 1cps.. Scary!!
Goodluck
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