What are the OXR directors thinking???, page-8

There are a lot of OXROA out there. Come September, the option holders have a choice. Either come up with the 25 cents, let them expire, or sell them. Not everbody will have the 25 cents, so their choice is expire or sell. Not much sence in letting them expire if they have a positive value, so some people will sell. This forces the option price down.

When they sell, it introduces a potential arbitrage position with the shares. So, people sell the shares to compensate. This forces the share price down.

The simple matter is, unless the company comes up with some darn good news just before expiry, the shares will trade close to 25 cents, or less, at the expiry date.

After expiry, is anybody's guess. It may be a buying opportunity.