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May be directors topping up before news released...we'll soon...

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bobla

424 Posts.

46

17/09/14

08:48

Post #: 13985407
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Originally posted by mrthrifty ↑

"Why would someone exercise an option when not "in the money". Could have sold options and bought shares instead. Strange, really strange. We probably will know soon."

They are buying oppies because they can purchase millions of them without really moving the price too much. Try buying 3 million heads in the same time frame and it will raise the price considerably.

.........somebody is "in the know."

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May be directors topping up before news released...we'll soon see I guess.

OEX Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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