Yesterdays mopping up of options was a brilliant move and a...

Yesterdays mopping up of options was a brilliant move and a required move before the ords are to have a big move.People like myself were enjoying buying options at a 15.5 - 17 cent discount to share price.

Why buy shares at 63 to 65 cent level when you can buy oppies at the 45 to 47 level which is an entry price of 59 to 61 cents.

Most of buying was pulled in the last couple of days. This together with larger lines of stock on offer in comparison to the buy orders on screen had the dual desired effect of flushing out the weaker holders in the ords and at the same time getting hold of a few nice lines of options. Although there was weakness in the ords the boys never let the stock stay below the 60 cent level.

Price action leads me to believe that action will start before weeks end. On the back of announcements re: Aussie launch, distribution arrangements etc. it would not take much to take the stock through its recent highs of 75 cents.

BUCKLE UP.