overscription by directors., page-16

i keep telling you guys and you dont listen.

just look at your screens...

4.4c close.... keeps hitting new lows

so what if management took up stock in rights issue, just means the stock doesnt go to 2c if they didt take up.

options trading 1c and are actually worth nothing if you plug the numbers into an option valuation model, 1c for mine is a good sell. with more oppies coming on tomorrow, expect option price to trade 1c ro lower... why buy options at 1c when you can buy physical for 4c... stupid.

those who took up prights can still sell heads at 4.4 and oppies at 1c, so theres a 0.4c profit, expect this profit margin to shrink to 0 over next few days