mnmoa into the money in november or december ?, page-35

Well I dumped my oppies in a few different parcels today. Overall around a 75% loss. However received more than I would have a few days ago if I?d dumped?trying to look on the brightside I suppose.

I wouldn?t discount the possibility of them rising from here (maybe even end up in the money), but the way I see it is that the Cygnet insto buyers have no interest in having the options in the money as it will dilute their holdings. I?m sure they would much prefer to wait until MNM is once again short on cash and be given preference for another bucketload of shares well under the current SP that they can strategically sell for a good profit.

I suspect the constant parcels coming onto the market are from Cygnet. What have they got to lose selling at 4c and under if they bought them at 3c. The selling is very methodical and staggered so as to not drive the price down too much, but still offload a fairly large number of them. Of course it could be another seller, but this seems most likely.

While I see MNM has a few good projects and good prospects I won?t be putting any money into the heads until I see an improved cash balance. If options don?t end up in the money then it won?t be long until MNM has to raise capital once again?