Diabloracer, I reckon that there is MUCH more to what Blake is doing. His clear initial purpose was to destroy the exercising of those options. He succeeded absolutely. Yet, he continues with the blocks of 1 million, still 6 there, and continues to sell big time at these lower prices. Theoretically, he's shooting himself in the foot, or, more to the point his father's super fund. That's crazy and, frankly, wouldn't be happening. There IS a purpose behind his retaining the blocks and selling at the llw p[rices, at a loss too.
It's the SP that he's after and as llw as possible. Surely he would be wanting to return his fathers shares to his father's super fund?? Surely, what he's doing, if it's not with the approval of his father and mother would be bordering on a criminal offence.
He's hoping for "something" and NEEDS to see the SP as low as possible. Not many ways he can do that is there??
We saw some "retaliation" yesterday with the 1 million buy @ .014, THAT would be going completely against Blake's hopes!!
Let's see if that sort of buying on the up continues. That, and solid, positive news, are Blake's biggest enemies.
Positive buyers, news!!!
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