those shares come with a $.015 cost base. would be a bloody big tax bill to sell them off especially when they will have seen where the share price got to and knowing that fundamentally nothing has changed.
I have been playing with my options to trade down lower entries. My OC shares I sold for 42c and converted into OD options were then sold for 1 cent gain and completed my rebuy with OC today at 30c
Looks like a pretty good time now, also you wouldn’t want to be out of the market when a strong announcement comes in be it TO or other.
Not financial advice DYOR
Ann: Release of Securities from Escrow, page-22
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Mkt cap ! $389.5M | |||
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