TCG 0.00% 22.5¢ turaco gold limited

msro options expiry, page-10

  1. 7,919 Posts.
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    Does anyone else get the feeling that the heads are being pushed down on very low volume in order to pick up options at a really low price.

    And why not...

    The SP should be a lot higher atm given MSR's results and mine development at Shambesai - but if you want a lot of options cheaply then what we are seeing on the screen does make sense.

    The only other answer being that people think selling the heads at 19.5c and the options at 1c makes sound commercial sense ... and I don't believe anyone would be that deluded.

    EB
 
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