KDY 0.00% 2.7¢ kaddy limited

Ann: Company Update, page-186

  1. 524 Posts.
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    Steve10, what's your thoughts on the reason for the recent retreat in the SP? I was expecting a pull back during the week as the 12m option conversion shares got offloaded, but it appears they were sold in a cross trade.

    still about 44(ish) million options to be converted by 23/2, that's a lot of moolah to be stumped up in the near term, and quite possibly a lot of converted shares to be dumped if the owner wants a quick profit. do you foresee further SP pain over the next week or 2 as these shares get offloaded for fast money?
 
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