' 6mln options will be released from Dr Martin Rogers tomorrow. Maybe this has something to do with selling off.
If he can make 10c a share then that's a cool $600k. At 15c about $1m.
Now, our new large investor, the Regal Fund, would have been all over this. So what do you think the logic is for their investment. At one point today they were down almost 20% in 1 week.
These are sharp and 'at the edge' dudes. they don't just throw $10m as a speccy company just for a giggle. They must have a good idea of how they will make a $ out of this. A one week deferral would have saved around $3m of hard cash.
Are they just unlucky, or maybe they don't care about the SP and have other means of extracting their profits.
OSL Price at posting:
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