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Ann: Substantial Shareholder Increases Holding in BIG, page-87

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alannnnnnn

2,590 Posts.

154

05/12/17

10:50

Post #: 29376026
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Originally posted by ZMan ↑

Re: "Opening price tomorrow $4.10 and yes you can quote me on that."

Open was actually down 7c, not up 20c.

Raising unfounded expections like this does nothing useful for holders and can only lead to frustration at the sideways share price.

The fact is that Fridays announcement showed that very few option holders had converted their options so far.
The cash outlay required to exercise those options, and the subsequent shares present in holders portfolios will put extra downwards pressure on the share price over the next month.

Best that holders chill out, recognise that short term downwards pressure and just let the share price do whatever it does over the next few weeks.

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It literally becomes stock for dummies 101

BIG Price at posting: $3.72 Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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