GRL godolphin resources limited

I am surprised by the option strike price of 20cts at 2009, with...

  1. 1,881 Posts.
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    I am surprised by the option strike price of 20cts at 2009, with the current sp at 29cts.
    That means the option would be in the money straight away.
    with a 1 for 1 option
    I suspect the sp to fall drastically, imho.
 
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