Excuse my lack of knowledge. If the share price gets to 2.5c say, and you decide to exercise your options at 1.5c. How does that happen? If you fill in a form to exercise your options, what happens if the shares price goes down in the meantime. How do you hold the value in(i.e. 2.5c) so you make your money? Does converting the oppies take time which allows the main share price to possibly alter.Do the options just go up and you sell them?
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