CCC continental coal limited

jb buys options, why?

  1. 3,686 Posts.
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    Is this show some sort of attempt to show confidence in the stock by management via the options, that the options might be in the money pre Feb13? Good grief.

    But seriously are these for a trade or to convert?

    If buying them a trade for a director sends out the wrong signal - not confident of being in the money.

    Why buy options if you plan to convert. At current prices you'll get three shares for every option that is bought and converted - so that makes no sense either.

    A no win situation!
 
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