RE:RE:What? Can anyone explain???? Buyout within 3-10 days...not likely...and unless the options expired within the next few days that would be stupid of them to exercise before the announcement...they would be leaving a lot in the table in the difference between option price and market price.
Everyone of these option holders at this point should be holding and avoid exercising until the very last minute...if they believe a deal is close.
I will say unless you know the exercise expiry date of these that were exercised...it would be hard to draw any conclusions.
it definitely is NOT bearish for them to exercise option and take difference between the current share price and Grant price though(basically taking cash) rather than having to come up with significant cash to purchase that amount of shares. Need a deal to stop all this yearly after yearly dilution though without significant actions adding to value of asset! Maybe if we actually see them get permitted (finally) that would be an accomplishment!