My nets capped at the moment so can't really look this up, but whats the excise price on those options?
I'm really starting to ask myself.....
A) Mr Hartz moving his options to redistribute them to another of his funds.
B) A director buying the companies options that have an expiry date of Aug 2011 ( which seemed too close for my liking ).
I believe there is something coming up to benefit the company and its shareholder and put these options in the money!
The directors know it and have moved funds and bought more before getting too close to any announcement.
Why else would you buy them unless you thought they would be in the money in the next 12+ months.
+ all the buying thats going on lately.
I have another theory on that...
Linq selling down for an average 50%+ profit on the shares they hold....in order to pay for the next capital raising!
Why not??? They funded the last cap raising and have done alright now that someone is keen to buy up.
What a good way to fund it. (as far as linq is concerned)
Food for thought.
Add to My Watchlist
What is My Watchlist?