KSX 0.00% 1.5¢ karmelsonix ltd

133 million 10c options outstanding

  1. 456 Posts.
    due to expire in 2008.

    when they get exercised dont you think profit takers might crunch the sp at levels above 10c?

    there is a fair bit of script in this stock. by my calculations 260 million FPO's, + the outstanding options which are currently all in the money, very close to 400 million shares fully diluted.

    if ksx get their product to market without any hiccups then it may justify the current market cap. but any problems along the way and people buying at current levels are leaving themselves open to get hurt.

    good luck to all. just pointing out the flipside of the view having learnt these kind of lessons myself the hard way. over time miracle stocks usually turn into mortals.
 
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