re: re:ian omr,
I think you could be spot on with your comments. It would certainly provide a plausible reason for the shareprice activity over the last 6-8 weeks. Good news has been treated with apparent indifference and lack of news has seen the price drift lower.
You are looking to buy in on weakness but I hold almost 1.5% of the remaining options and I'm looking to exercise them as there is almost no market for them at the moment. Certainly the market that is available is not to my liking as it strongly undervalues them, both on thier exercise value and on their real value.
There is a possibility that the new CEO (who starts on Monday) might do something in the short term to get the value back up - but let's wait and see.
Cheers
Badfish
inp - valuation given flax+yarrow reserves, page-5
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