The finance arrangement today has the strike price of the options of 37.5c.
Does this suggest any potential sale price will be closer to 50c than $1.50 ?
My thoughts would be if sale looks to be say $1.375 the profit over the strike is 10 million dollars - that is a fantasic return for a 3 month extension and a increase of 6 mill in the line of credit.
Am i reading too much into it ?
