Utter cobblers. Everyone seems to be forgetting the options issued to Australian silica shareholders as part of the Muchea purchase. they expire next week, last day of June. They will bring in a tidy $2.5 million if fully converted. Has anyone even stopped to think that this might be part if the sell down leading up to July? On top if that we have crap tax June to contend with and someones nominated broker clearly tinkering with the sell/buy ratios... large buy at 22c close smells like Delphi increasing its position and averaging down a little. We are being played on several fronts at the moment, Which is why I have never liked Options, but those that stick this out should be handsomely rewarded.
VRX Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
