There's only one person I know of that has so much egg on their face and is so dumb.
Just a recap for those that don't know what a stock option is (also known as an equity option), gives an investor the right, but not the obligation, to buy or sell a stock at an agreed-upon price and date. There are two types of options: puts, which is a bet that a stock will fall, or calls, which is a bet that a stock will rise.
BTW, looking at the results of the EGM, if OB did not have any shareholding (24 million) in RHY he would've been removed. To make it even more real when you add in Fidelity (OB supporter with 11 million shares) the result would have been...............
REMOVAL OF OB
FOR - 56 MILLION SHARES
AGAINST (IF YOU EXCLUDE OB SHARES ) - 46 MILLION SHARES
AGAINST (IF YOU EXCLUDE OB & FIL SHARES) - 35 MILLION SHARES
So, you can see here that real result is that the majority of shareholders that wanted OB removed. Just a sham.
Small cap companies that derive no income with blue sky dreams is a scam in my opinion and only serves as a passive income generator for executives from the donations from the stupid.
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Ann: Results of Extraordinary General Meeting, page-16
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 133316 | 0.060 |
1 | 18000 | 0.056 |
2 | 19091 | 0.055 |
2 | 100000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 29999 | 1 |
0.067 | 260000 | 1 |
0.069 | 117678 | 1 |
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