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5,219 Posts.
720
22/07/10
10:52
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Option converters are playing into accumulators hands
last announcement we saw
Ordinary Shares
? Conversion of 2,338,000 Listed Options, 1.2
cents exercise, 30th September 2010 expiry -
$28,056.00
- Conversion of 5,000 Listed Options, 6.5
cents exercise, 1st February 2011 expiry -
$325.00
These are likely to keep a top on the stock UNLESS we hear more explicit detail new agreements of adoption and marketing of the companies products.
The company may well boo the day thay let so many go to underwriters.
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