GDA good drinks australia ltd

looking grim

  1. 31,765 Posts.
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    with the gdaoe oppies due for exercise by the end of the month, then the share price is looking grim. if the share price stays at this level, then a lot of holders will not take the chance to exercise. of course, if they throw in the 1c, to exercise the option, they get a share PLUS another option , which in the normal course of events, could be expected to trade at .3c (if the shares trade at 1c) - but with an issue on the cards at about .5c, then maybe there will be a reluctance to exercise the option

    ok - it could be that some of the recent selling is from punters who have shares and options, and they are selling the shares, to provide the funds to exercise the option
 
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