re: *dilution effect of oppies* further to this as someone...

re: *dilution effect of oppies* further to this as someone previously mentioned ,there is a possibility of more profit taking prior from the excercising of oppies.....after all it has risen from 2c to touching 15c ........wicked returns even for me who bought at 2.8c......but there are many others who bought oppies and will want to cash at least some of them in.....some will cash in 100% others less...this will cause a sell off which may frighten buyers off untill after 31 january...going to be an interesting one to work out where the bottom will be......with 82 million oppies expected to be converted.about 20% dilution ...lets say if 50% of 82 million sold after converting we would have 41million shares changing hands ...this would result in another slide in the shareprice than we have already seen.......i got lucky and sold close to the top in oppies at 11c (currently around 7.6c ) so am waiting for another entry point that agrees with my trading philosophy.....havent decided as yet when to buy back in but dont want to miss the run back up.....the stock is definately in oversold territory and would expect it to move back up but who knows..watching and waiting ..cheers Jam