Guys
"Pyle converting 500k options
Murray selling to convert and buy - net gain 3m shares
Davis selling to convert and buy and take some cash."
I see as a positive thing as there will be more money coming to the company through the exercising of options. I have seen this in the past and the market generally does not like it but lets get real. These guys are also human beings and GOR is still in the exploration stage and they are not on a fat salary (if I remember rightly). SO one has to sell some shares in order to exercise the options and set a standard. Even if the general market might see it as a negative tomorrow, I take it as a positive thing. More money in the company means less dilution next time around during CR.
My opinion only DYOR
Guys"Pyle converting 500k optionsMurray selling to convert and...
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Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $1.836B | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.70 | $1.56 | $14.73M | 8.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3701 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 94313 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |