RE:RE:so how are the new options today going to affect the priceIn my opinion, if results were bad I don't think even staff would care about options. The timing sounds like he was trying to get options issued before the blackout from the results as hes probably anticipating some big numbers and knows the price has been hammered lately, hense the strike price.
stockzorg wrote: Interesting timing. The last options granted (4.5 million) were January 10, 2020. Now 2 million more in the same 8 month period. Just after the year-end financials released making Tudor compliant at least until August 29 on reporting requirements. Probably, shortly in advance of the next press release on drilling results. Options are at the market close as of Friday ($2.82) after a pullback from the high of $4.51.
So actually, I feel we did all get options. The message seems clear enough as to what Tudor expects and how they figure to cash in on it. Now we'll see if the market agrees.