IHL 0.00% 4.1¢ incannex healthcare limited

Why would the top 20 not have converted already? What happens if...

  1. 2,888 Posts.
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    Why would the top 20 not have converted already? What happens if they don’t? Anything? Other than the obvious that there options expire, the company doesn’t get the cash, and the share register is less diluted.
    That top 20 is from early August also, is there a more recent one? They could have been selling their options on market?
    Sorry I know this is a lot of questions, this is the first time I’ve watched a company so close to an option expiry. I’m half way between either buying as many options as I can on the 24th if the get down to say 0.5c, or just waiting until around the 30th and buying heads. I’m still looking to get heads with a 4 in front of them.
 
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Currently unlisted public company.

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