OTCPK:MAUXF - Post by User
Comment by
oullinson Jul 17, 2012 11:52am
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Post# 20121617
RE: RE:SP Dropping
RE: RE:SP Dropping Bobby, If you exercise an option then you are the owner at the instant you give the money to the company. Shares are coming from the company not from another shareholder so there is no 3 days settlement.
Think about it. If you are an option holder and need to raise money to exercise, then you sell on Thursday and you are eligible to collect the dividend (owner of record) then you buy the shares from the company the same day and you collect the dividend since you become instant owner of record.
That's what I would do. It does not have any impact on the company anyway.
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