mmm...is that strange

just looking at the turnover, but it seems that there was 1.3m shares traded (at moment of writing), and 1.3m oppies traded ( gdaoe at moment of writing)

sure, could be a coincidence, but could be the same seller. probably someone who took up the recent issue, and has decided to get out, and make a small profit

in all fairness, the buyer of the oppies at .2c, and who have outlaid a magnificent sum of $2600, could be happy about the purchase. the downside is a miserable $2600. if for arguments sake, the shares move to 3c, then this holder would cough up another $13,000 to convert, and then have shares worth $30,000, and options worth another $20,000 (remember that each option that is converted, gives the holder a share, plus anothe option). frankly, that is worth a punt. at 3c, the company would have a fully diluted value of about $12m. frankly, that seems a bit too much, but for the buyer of the oppies, a good risk/reward punt.

in the longer term, this is stock is a dog. the prospects are boring beyond belief - so more capital raisings, and then another consolidation

ages ago, the company sought shareholder approval to issue 20m shares - but that was never acted upon - and it could be, that no one was really interested (at the prices at the time)