in this situation, generally options are converted (due to a lack of market liquidity) in order to sell the new shares
if the option holders were bullish on VRC, they would not convert. why spend the money to convert?
recently, there were very large conversions on MNS, rumoured to be because project financiers wanted the number of options to be reduced on the register
this does not seem to be the case for VRC
regards
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33 | 30514663 | 0.003 |
16 | 20101715 | 0.002 |
10 | 20667001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
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0.006 | 9465480 | 19 |
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