it was just statistics. Yeah, i wonder why all the lines were lined up soaking above. Its a natural stair case event. When there is always that supply that has some profit in it.
There was a high probable event that 1c would be hit. A modest chance that a break even trade could occur at 0.8-0.9c in lou of sell option as well at 0.1/0.2c to break even. But why would you bother participating if you were that unsure of sending money in to get out again.
So possible,. Maybe the 0.9-1.0 would get a look. Given the substantial discount from 3c, how many holders will be taking it up ? Who would average their position ? One thing for sure, it needs to close out, before it can rationalize its value somewhere to the previous MC when was trading at 3-4c. You wonder, if this is a large discount to dis enfranchise the retail, and to be soaked by larger players.
So was the excessive discount, to encourage retail ? or discourage them ? Curious.
OSL Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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