3 days of buying on the options was interesting. Can often be a...

3 days of buying on the options was interesting. Can often be a sign of something. Time will tell.

I fully expect the price on this one to spike quite well at some point, possibly even by traders recognising a tightly held oversold spec. Ive said before, it would only take a trickle of volume for this one to appear on the radar.

The other possibility is still that the major holder chooses to take out the rest of the company at bargain prices, but still likely multiple of current price. If they feel it is in their interest to do so. Remember they were buying up to their maximum allowed entitlement on market around 7-8c less than 2 years ago.

The are signs that the spec end is starting to recover, moves in companies like RMX in recent days show that.

My opinion only but given the right conditions and perhaps a little patience, this could easily be a multibagger.