ORM 0.00% 3.0¢ orion metals limited

high component of heavy rare earth elements, page-33

  1. tcf
    6,868 Posts.
    lightbulb Created with Sketch. 273
    Yue probably picked up the majority of his shares at below 7 cents. He has paid top dollar in recent buys but overall way in front no doubt.

    Directors and major shareholders of ORM have and will continue to make big dollars out of the option process.

    They think its very clever. Sell shares upwards of 20 cents, buy options for 12 cents, sell converted options for upwards 20 cents. It's a boys club and a game called do to the market what the niaive market lets you do and laugh all the way to the bank.

    The Brisbain boys club could and probabaly have written papers on the process.

    I'm out too.
 
watchlist Created with Sketch. Add ORM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.