He can do that or just come up with $1,875 and have 52500 shares...

He can do that or just come up with $1,875 and have 52500 shares the difference would be at $30
51250 x 30 =$1,537,500
VS
52500 x 30=$1,575,000
Loss of $37,500
and to drop it 5c as you are saying as it's $1.55 currently
If he holds 100,000 as I think he even holds more his sell order will wipe off $5,000 off his holdings for every 100,000 shares he holds if he drops it 5c
just for $1,875
I'm just saying people got to do what they have to don't miss out on the option
"I would not miss out on the options"
I would probably sell to convert if I had no choice I guess but I'll try every other option before selling.
But that's me I'm greedy for RAC shares