Don't know how this plays out over the next few weeks but one possible strategy on this options play for big money wanting to accumulate for a quick gain is to suppress the share price to accumulate as many KRC for as low as possible while at the same time ensuring the options exercise price is set at 10c. Once 10c set by 30 June and accumulation done then let the SP run (while at the same time helping give it a nudge) for the remaining time between 30 June and record date for shareholder entitlements, as fomo may be strong during this period, then once SP run has good momentum and near or possibly over 10 cents just sell your entire parcel.
Not downramping here as I believe KRC has good gains left to give, just giving a potential reason why you may see SP take a plunge in the next few weeks, but nothing that concerns longterm holders. Just my opinion and yes I have been wrong plenty of times in the past.
