Isn't the exercise price of the options 8c, so the shares would have to be trading at that price at least for the options to be in the money? I'm highly skeptical that the share price would rise that much in only 2 months. My options are well out of the money for me - the only way I could afford to exercise so many is to sell a good number of EDE shares that I hold to raise the cash to exercise the options. I wonder how many other shareholders are in the same boat, which could effectively put a lid on the share price if it approaches 8c in March. There would have to be some exceptionally good news released in the next few weeks to warrant such an increase in the share price to make the options worthwhile.
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