RE:RE:RE:RE:CEO exercises options before expiryyou can usually exercise warrants at any time and it's best to exercise them before the expiry date if price of underlying is way higher than exercise price. Usually you don't wait for the last moment unless there is hardly any money to be made. Maybe holders are exercising now at that 66 cents because they can still make a bit of money and don't want to lose it in case the share price drops for whatever reason. .
I usually just sell my warrants, if they are listed on trhe exchange. It prevents the extra cost and sometimes the long wait before the shares are in the account and can be sold..
Maybe insiders are exercising now because they want the shares in their account by the time they come up with more fantastic results and then be able to sell when price spikes. Who knows.
GLTA