I agree my reasonings at the time were uninformed I gather. I am a chartist through and through. That is where my opinion comes from. I did also say dont count your chickens.
I have not followed the story closely, so could you please update me with the general overview of what is happening and what you are expecting.
As I pointed out last night the chart pattern forming on COE is one of boredom. Structured drop in the price on lower volumes.
What I expect should happen at some stage will be a very quick drop on higher volumes. Then look for an announcement in the following few days. I did point out that you will probably end up with your 7c on the options, but then personally I would be looking to sell the majority. I gather with the 2m that you intend to hold you will probably convert to full shares.
Ewebute
COE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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