question about options
if i buy bpooa option at say 0.5c and the excise price is 5c
if i cash them when bpo sp is say 6c does it mean i have to pay 5c/option for a 1:1 on bpo share ?
or
if i cash them when bpo sp is say 6c does it mean i make 0.5c/option to have a 1:1 bpo share ?
bpooa, page-6
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