just looking at the turnover, but it seems that there was 1.3m...

just looking at the turnover, but it seems that there was 1.3m shares traded (at moment of writing), and 1.3m oppies traded ( gdaoe at moment of writing)

sure, could be a coincidence, but could be the same seller. probably someone who took up the recent issue, and has decided to get out, and make a small profit

in all fairness, the buyer of the oppies at .2c, and who have outlaid a magnificent sum of $2600, could be happy about the purchase. the downside is a miserable $2600. if for arguments sake, the shares move to 3c, then this holder would cough up another $13,000 to convert, and then have shares worth $30,000, and options worth another $20,000 (remember that each option that is converted, gives the holder a share, plus anothe option). frankly, that is worth a punt. at 3c, the company would have a fully diluted value of about $12m. frankly, that seems a bit too much, but for the buyer of the oppies, a good risk/reward punt.

in the longer term, this is stock is a dog. the prospects are boring beyond belief - so more capital raisings, and then another consolidation

ages ago, the company sought shareholder approval to issue 20m shares - but that was never acted upon - and it could be, that no one was really interested (at the prices at the time)