CGX Energy Inc V.OYL

Re miftee9

[taal]

not sure i understand your question..The option price is determined on the closing price prior to the day of the grant...The two new employees were not just sitting around Wondering what the share price would trade at come Mar 23...they obviously wanted the lowest strike price possible ...and I'm thinking that these two individuals must be of great need to cgx in that they received thier options only a mere $.11 higher than DeAlbas....now that these options are out of the way ..no more need for manipulation...For now that is....our share price should gradually start to move

[Miftee9]

I understand how the option price works.  The only people a price manipulation benefits is these two people.  Therefore, other than these two people why would someone want to manipulate the price.  Where is the motive?  What am I missing? My point is that there has to be something else if there is price manipulation occuring.  Also, the price manipulation has been

[westcanpride]

Let's look at De Alba as a comparable: https://www.newswire.ca/fr/news-releases/cgx-energy-announces-stock-option-grant-857302131.html - His stock options were issed on Jan 17, 2020... what was the closing share price on Jan 17? You guessed it... .71 cents, exact same as his options. https://money.tmx.com/en/quote/OYL/news/8735738485222920 - Exisiting directors/employees/etc had the chance to

[Udinese69]

My question is still not answered CGX hits large on drilling this Fall Say 700,000,000 barrels of oil Because  somebody has some options at .50 cents, CGX is worthless I thought options and warrants are?        and has nothing to do with daily price Make it or break it

[Udinese69]

Am I wrong to believe the options have nothing to do with closing price eg.     I have 1,000,000 shares at .50 cents that expire at 2023            If CGX goes to $10.00 in 2022, does this mean I loose my options because they struck oil? Just a simple logical question