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).
- Forums
- ASX - By Stock
- TSV
- want a lick... psyche!
want a lick... psyche!, page-15
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TSV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online