Maybe, maybe not.
Truth is no one actually knows why there has been such a long delay. I'm Looking forward to seeing what the Q reveals.
I have my own theories which I have partially expressed, that may or may not be relevant. Yet, Contrary to some posters beliefs, Here we are in mid July, still no ML and I'm actually happy we don't. I did pre-warn this outcome may be a possibility, yet for whatever reason, whether hindsight or just pure luck, this outcome is looking ever so likely........
Seeing the ML issued Anytime after August 10 suits me fine thank you. Especially if the Cam Govt/President, are now on holidays as some have suggested. Late August/September/October. Whenever. We will now face far Less resistance and selling moving forward from here. As Tiptruck stated, the screen never lies and the minimal trading occurring on a day by day basis ATM tells a story yeah? A massive $731.13 cents worth of stock traded today
And I wouldn't be surprised if we follow a similar trading path until the rest of these options, (Approx 100 Million still remaining) expire worthless. Leaving the option holders the decision to cough up some of their own $$$ to convert, sell something else or let them expire without converting. This is Just my conspiracy theory, way of thinking anyways.......
Looking forward to see what the 2nd half of the year presents to us loyal Shareholders. I'm sure the majority of the Top 50 Shareholders, that now hold 71.86% of the SOI, want a significant return on their investment and won't be selling cheaply or losing patience.
Peace Fishies
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Last
16.0¢ |
Change
0.030(23.1%) |
Mkt cap ! $226.2M |
Open | High | Low | Value | Volume |
13.0¢ | 16.0¢ | 12.5¢ | $545.1K | 3.873M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 33362 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 468566 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26911 | 0.155 |
3 | 94520 | 0.150 |
3 | 52000 | 0.140 |
1 | 18437 | 0.135 |
2 | 110000 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 68566 | 2 |
0.165 | 32000 | 2 |
0.170 | 120948 | 2 |
0.180 | 246784 | 3 |
0.185 | 10000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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