Why convert your options for 10c when you can get the fpo below that now? Unless you have millions of course.
To me this KSX situation is typical of stocks where options are close to being out of the money at expiry. Shareprice is subdued. Be interesting to watch how many options get cleaned up before the last trading day on 23rd June. If quite a few then that would be a positive. There doesn't appear to be an underwritr for the options either, which is not a good sign.
KSX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
