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CEO Blog 5th June, page-27

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Pbnewby

7,515 Posts.

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05/06/15

16:31

Post #: 15422136
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Originally posted by smoke123 ↑

this is actually quite simple to work out:
the news is unequivocally good , but was met with a ton of selling from the recent cap raise where participants could strip out the optionality involved (myself included)
for what its worth I have spoken to a lot of people with the same strategy as me and they are all out now and holding options only, so upward momentum will be hard to stop now as most of the marginal sellers are out of the way
further good news will see much bigger upside from here

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What a strategy - screw the current sp and holders and just sell out and maybe cash in options down the track- bloody hell - I can see the strategy but like a pyramid scheme it needed others to do the heavy lifting for you.. I wish GK hadn't released that announcement now and left you guys to sell out for less and then announce later to reward holders..if you guys sold out then your not holders anymore - maybe in 6 months or 5 years but not current holders...wow

NRT Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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