Sorry Cragesmure,
My error.
Typing on iPhone in bed.
@jonki
Just my opinion but the options will follow the heads. You wouldn’t be any better off by converting now.
I,e you own 10,000 options. To convert will cost you $2,500. If the share price goes to $1 (I’m trying to keep the calcs simple) then technically the options would trade at 75c. That’s $10,000 or $7,500 (a difference of $2,500) so you might be better to invest that $2,00 elsewhere? Imo