TSV 0.00% 0.8¢ transerv energy limited

want a lick... psyche!, page-15

  1. 5,904 Posts.
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    Makattack with regard to the options, the 100mil at 2.5c were free attachments to a 2c placement in May. This was followed by a falling wegde pattern from May to a bit over a week ago, from 3.8c high to hitting a low of 2.1c
    It is my belief that the 2c placement was sold off leaving them with a risk free seat on the journey with their 2.5c oppies. (10mil have been converted & I cant offer a thoery for that).
    The other oppies do appear to be held very tightly. 74.2mil all expire june 2010 so no immediate pressure on those to be converted or even sold when they are converted.
    I have not looked into the origins of the older options so I dont know if they're in the same boat as the 2.5c issue (i.e free carried).
 
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