I was poking fun sirion. A fair few CLAO have gone through at...

I was poking fun sirion. A fair few CLAO have gone through at 10c lately. And for weeks you could have exercised them and sold heads for 11.5c. Giving you an easy 0.5c arbitrage. With 11.5c bid finally getting beaten down today that opportunity seems gone, or more risky atm at least. If you are a pip trader...

To the other poster... The majority of the remaining option holders are long termers and will naturally exercise for 1c more payment prior to expiry. Doesn't necessarily mean the newly issued shares will then be dumped on market. Likewise the 20m escrow... those belong to Gecko Namibia I'm fairly certain? Ans do you recall? Unlikely to be sellers there...

For our short term sanity I'd like to see a move up to 15c range as opposed to a sub-10c dip... if nothing else. And I do know that moves out of a base are often preceeded by one last dip low then reversal up. There are many charts to evidence this.