sign of faith $3.50 oppie conversion, page-16

"Aka,

If the intention was to hold the shares, you would only exercise on June 9th and keep the money in the bank earning interest for another 3 weeks.

Exercising now is an indication of intention to sell the shares before they fall under $3.50 "

Your are classic Zedman ! LOL your crystal ball reading skills know no bounds - everything from share price predictions to mind reading of consultants.

Firstly he may or may not have been able to buy 100k shares on market under $3.50 - given T/3 he probably converted 3 days ago when the oppies were " in the money "

Did you consider that as a consultant he may be working for other companies possibly overseas and may not be around on the 10th of June ? maybe he/she is going on holidays ? your assumption they have been converted so they can be sold before the expiry date indicates the consultant knows the S/P will be a lot higher in the next 3 weeks- That would be considered insider trading would it not ?

Hoot