1MC 3.57% 2.9¢ morella corporation limited

SPP Offer, page-155

  1. 1,268 Posts.
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    People would not convert their option if the option is not in the money. They will convert only if there's profit to be made.

    If you bought 3000 shares your risk is actually higher when the share price drop lower than 0.13, compared to if you only have 2000 shares plus 1000 options.
 
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