Post by
lonc17 on Jan 11, 2024 11:22am
$1.45
One month ago Matt Coffey refused the option to purchase 175,000 shares of ONC at $1.45 CDN.
He knows more about ONC's prospects than any person on the planet.
And here we are, one month later, with a SP slippling slowly toward $1.45 CDN.
Matt is a wise man! He knew ONC was over-valued.
I wonder if he would exercise options with a strike price of $1.00 CDN and an expiry today?
NOT LIKELY!!
Comment by
CMHarring218431 on Jan 11, 2024 11:42am
How many options.....but either way that is pathetic if he does not. That's a big discount to market and seriously how risky is that ??? Eom
Comment by
lonc17 on Jan 11, 2024 11:44am
He does not have any options that expire today. I was presenting a hypotheical scenario.
Comment by
CMHarring218431 on Jan 11, 2024 11:52am
The price seemed unlikely but I shouldn't speed read eom
Comment by
Buckhenry on Jan 11, 2024 11:51am
This is going to get ugly.... headed to delisting territory soon if they don't get their sheet together.