MHL 0.00% 0.3¢ monitor energy limited

There are 69 million options at 0.001 cent on the sell side....

  1. 11,117 Posts.
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    There are 69 million options at 0.001 cent on the sell side. However, there are no buyers.

    Why? Because they can get the heads for 0.002 (and may be even 0.001 cent) and not have to pay 2.5 cents for converting them into shares some time in the future like option holders.

    At present my 1.2 million options are worthless as there are no buyers for them. I do not blame people for not buying them, just making an observation.

    The joke continues for a (little) while longer.

    It has been quite a profitable day today for MHL shareholders with a 100% jump in the share price. Where are you ASIC when needed to issue a speeding ticket to this express ride.

    loki (option holder only)
 
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Currently unlisted public company.

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