AUL 0.00% 28.5¢ austar gold limited

mnmoa, page-9

  1. 2,568 Posts.
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    Jetjono, well they are not selling and last time I looked there was only one seller with about 50,000 on the sell bid. Yes, there are no buyers, but I normally see a sell stack loaded all the way from .1c to 2c with about 20 million up for grabs.

    Take a look out our poor cousins on the other thread. The sp is a lot closer to conversion price for their options and they have a few more months to before expiry but their sell stack is loaded and the co is going to the agm to add another 4 years to the expiry date (for a small fee). An indication that those co directors are bearish regarding that co outcome of the ALDP.

    The only explanation for the bullish mindset of this co option holders is that many are expecting a positive outcome from the ALDP/ Brown Coal Pilbara
 
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