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01:08
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Originally posted by ainsleym:
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I dont see its got anything to do with he expiring options. They have been "in the money" ( using option speak) for a long time, In other words the exercise price of 5c is and has been less than the price of the shares. So it does not and has not needed a pump to encourage the options to be exercised. Whilst the shares were say 7c it makes sense to exercise rather than let the options expire worthless. If say the shares were 4c, then thats another story, there is no reason to exercise the options and take a loss, so a pump to over 5c for the shares would make sense to get the options excersised. But thats not where we have been at for ages, we have been above 5c for quite a long time There is therefore no nett benefit to do a pump. In fact, if you follow the announcements these past several weeks people have been happily exercising the options whilst the share price still languished in the low 7's.
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There was a certain entity that was gifted free oppies and lots of them. My view is that same entity isn't interested in converting and holding. My opinion only. Hope I'm wrong and this runs to 30 cents.
