The question is why would they need to cover whilst the company continues to remain in the pits. There is nothing that the company is doing to enhance its value other that hoping the fundamentals turn around and 'timing it right' rather than executing and doing what needs to be done.
Martin & Co promised development at SDV at the 2017 AGM and here we are with continued poor execution.
Even the market is making sure they don't have the ability to execute their options. Perfect! Deserved!
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