MOY millennium minerals limited

someone big is still increasing holding,t/o?, page-61

  1. asf
    9,887 Posts.
    Buckland, "in the money" is a technical term used for options. Hence, MOYOB's are in the money:

    http://daytrading.about.com/od/daytradingglossary/g/OptionsInOut.htm

    Re the options, as stated in the Pato's report, there is an expectation that they will all be exercised. I think big buyers will buy them to exercise. I think there will always be a market for them, but I don't know what the big buyers will be prepared to pay. There are 1.5b of them in the class, to add $45m to the kitty if exercised.

    It's going to be an interesting time up to Christmas.
 
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