TRI 3.85% 2.5¢ trivarx ltd

Mental Health App - $3 Billion dollar merger, page-26

  1. 7,115 Posts.
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    Not necessarily a trap - but I’m just putting it out there for the uninitiated- share prices can do very odd things when options expiry is imminent. Full disclosure - I hold some MEBOB and have just about written them off.

    I think I’ve probably seen just about everything in my time, and right now this puppy has a few warning signs:

    1. Options expiry imminent - two months.
    2. Options (MEBOB) on a knifes edge of being in the money & conversion is important for management.
    3. There are about 27 million MEBOB for sale at 0.001 and nobody is buying. Some holders want out & nobody appears to want in right now.
    4. If the MEV share price can edge up just a little to (say) 1.2c it forces those MEBOB holders to either throw more money at conversion or flush them down the toilet.

    Just be cautious here and watch carefully.
 
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