"Why will people need to sell their heads? I hold some options and will simply sell them. No harm to my bottom line there'
Timmy:
Exactly my point, someone has to exercise, out of 60m options how many do you suggest will be in a position to convert without some pain.
The closer we get to April 29 the riskier it will be to hold LOMOBs as Timmy says he will just sell his LOMOBs.... how many others will be doing the same at the same time.
Timing of Announcement, page-238
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