what Chrissyoscar says makes good sense....with the share price so close to the exercise price why not push the SP below exercise price.....
Imagine you hold a million options and 100000 FPOs u picked up for 13c...Why not offer them out, in small parcels, on the market at prices guaranteed to keep the SP down. Your still making a profit and the lower the SP the better for you. You don't have to come up with $200000 to exercise the options and you pick up the FPOs cheap. You may forfeit the options but hey you probably paid nothing if anything at all for them....
Even if there is some earth shattering announcement prior to the exercise date which makes the shares skyrocket..why bother ...
watch these move after Monday is my opinion...
MXR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
