3b just out. Someone converted 2600 EXEOA...This must be the start of the oppie games!!
30% of the oppies are held by the board and I think 70% are held by the top 20 so they will convert regardless. Wasn't EXEO issued before the Queensland leases? I doubt $17m worth of oppies will be dead just cause one guy has a 1m sell order in...There has been games going on around the 10 cent range for months.
CNOOC bought in at 17 cents. They value EXE at $100m, go figure...
EXE Price at posting:
8.9¢ Sentiment: None Disclosure: Held