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?
what's the scoop?, page-24
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