RHK 0.00% 69.0¢ red hawk mining limited

pump and dump due to oppies

  1. 43 Posts.
    Kevy pumping, converted options dumping?

    So what I'm getting at is that I think there are plenty of fmsoa punters/traders that have been caught out and are stuck with these oppies. If KW pumps up the price with good news, people are going to be tempted to convert their otherwise worthless options and look for a quick sale once they've taken possession of the heads. The day that Compushare distributes the heads from fmsoa might be a dark day for the fms sp as the punters try to off load.

    punters will be keen to take quick profit or small loss in order to get out of this situtation. Extra keen given that it will be expensive to finance the unintended exercise of the fmsoa.

    Any comments?
 
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