GREY:VFGGF - Post by User
Comment by
billyjoebobon Jul 31, 2013 7:00am
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Post# 21640727
RE:RE:Options
RE:RE:OptionsWhy would management do this? It costs them nothing to have the options sitting out there, and it's not inconceivable that a $1.50 option will pay off in 2 to 3 years. Who knows, oil might go to $150. So the only reasonable interpretation is that management is expecting a buyout below the strike price and wanted to cash them in before the offer was made.