I expect some serious newsflow once the raise is done and dusted, in the new year.
You can buy the current 20c options on market under the code PIQO. They are currently trading exactly in line with their exercise value (PIQ is 27c, the options are trading at 7c) but I would expect the Black-Scholes option pricing model would show a very different (higher) value. Obviously be cautious that the options are quite thinly traded so not easily sold if you needed to for whatever reason.
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I expect some serious newsflow once the raise is done and...
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