CAY 0.00% 15.0¢ canyon resources limited

News: CAY Cameroon signs bauxite deal with Canyon Resources, page-15

  1. 695 Posts.
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    Option conversion

    a well managed company with a decent advisor would have trading halted until monday morning

    this would allow buyers to be organised and lined up especially overseas ones currently asleep

    it would also have meant too late for option conversion selling to smash buyers and cap price

    instead we trade through, no buyers lined up, no buying on screen and probably finish flat on the news we waited 2 years for

    but obviously these guys know better
 
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