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I cannot see the logic behind that theory. Why offer so many...

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whozat

395 Posts.

7

02/03/21

15:26

Post #: 51456100
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Originally posted by sleath ↑

Conspiracy theory….. Take this with a grain of salt and consider it a thought experiment.

Has anyone considered that FGR don’t want the options to be exercised? Is it possible that there are too many options floating around and that FGR and intentionally slowing down updates so that the majority of options will expire and only a portion of them will be exercised?
Could WG and the gang be indirectly controlling the SP to starve off heavy dilution? Instead opting for the SP to hold around the 25c mark so that some options will be exercised while the majority never make it. This will ensure the company has adequate funding but no so much that heavy dilution occurs?
We have already seen Fosters stockbroking exercise and dump (allegedly) a large portion of their shares onto the market. Interesting that they are the ones that originally brought them to market…

Also consider that the SP has not only increased but somehow manages to be holding around the 25c Mark on 0 news.
Again this is pure speculation and as always DYOR

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I cannot see the logic behind that theory. Why offer so many options if you don't want them exercised?
Unfortunately the lack of progress /sales makes one think there is more an issue with converting the theory to product.

FGR Price at posting: 24.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.3¢		Change 0.000(0.00%)		Mkt cap ! $34.94M

Open	High	Low	Value	Volume
5.3¢	5.3¢	5.3¢	$3	48

Buyers (Bids)

No.	Vol.	Price($)
2	3977	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.3¢	89332	2

View Market Depth

No.	Vol.	Price($)
2	3977	0.052
1	45404	0.051
2	250000	0.050
1	15596	0.049
4	216450	0.048

Price($)	Vol.	No.
0.053	89332	2
0.054	89513	1
0.055	309057	7
0.056	214352	3
0.058	25000	1

Last trade - 10.45am 05/07/2024 (20 minute delay)

FGR (ASX) Chart