G6M 1.72% 3.0¢ group 6 metals limited

KIS is now strategically important to the US military, page-65

  1. 1,670 Posts.
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    I thought we were going to smash through the 25 cent mark today Fiddlesticks...the open looked strong.
    But someone dumped a large holding into the strength in turn pushing the stock back down to 22.5..
    Its my opinion that these were the selling of the 1,867,179 options that were converted in the Appendix 2A the company put our that night..
    As there is more profit in converting the options into shares and selling than selling the options - as Phuket Guy has mentioned on many occasions.

    We must be getting closer to this govt funding announcement which should then see a proper re rate into the 30-40 cents


 
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