The options expired when the share price was lower than conversion price, so I would expect not many were converted. If somebody did convert a lot, then their actions should be investigated for possible insider trading activities, as no new news was forthcoming to the general public before options expiry....
I guess it became quiet because the company didn't release any 'humdinger' news to fire the conversion of options before they expired. Any other opinions/factual reasons anybody?
CHF Price at posting:
10.0¢ Sentiment: None Disclosure: Held