Sorry, I think I misunderstood.
After exercising the sp would be exactly what the heads are trading at ... which is currently 1.2c.
So technically you've lost 2c plus whatever you purchased the oppies at.
Options are rarely exercised before expiry, they are used more for leverage.
Hope that helps.
Perdy
QURO option, page-23
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15.5¢ |
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Mkt cap ! $42.15M | |||
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| 3 | 97305 | 15.5¢ |
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