It is a good report and it achieves its intended purpose to stop the 500 million options being exercised. This is a buy.
But it stays below 8 cents till early next year. Where asic will drop all the way back down. Management will not tolerate their holdings to be further dilluted. Simple as that. And no Dixon and managements options don’t expire with the rest of you. Simply think about it. Price was bought down from 10 cents and again at 7 cents. Nice little buffer. Bet there praying gold doesn’t shoot up until Jan 19.
BLK Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held