RE: Why the big drop today?Maybe all these options are getting exercised and sold...nice profit...
The implied aggregate equity value of the Transaction is approximately C$60 million on a fully-diluted basis, based on 92,303,103 Centric Shares outstanding and 5,700,000 Centric options outstanding with exercise prices ranging from C .06 to C.35 per Centric Share. Holders of Centric options who do not exercise their options prior to the closing of the Transaction will have their options cancelled.