AGO 0.00% 4.5¢ atlas iron limited

Sorry, I cannot see the options making the excercise price. It's...

  1. 554 Posts.
    Sorry, I cannot see the options making the excercise price. It's all been pointed out before. The instos holding them are the same ones currently selling their billlions of shares. I cannot imagine them forking out another $400+ million on the day of expiry to take the risk making a modest profit even if the options are just above 7.5 cents (Unless the SP is well above). The selling pressure will be huge and the SP will drift quickly to 7.5c or less. Too much at stake, so the major option holders will subdue the SP and let them expire. Once they expire, then the SP will do good things as long as IO is still looking strong. Nevertheless, I hope I'm wrong on the options as I would like to see the SP increase in the shorter term to reflect the good condition of the company. IMHO
 
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