G'day,Like most ROY holders I am just quietly holding and...

G'day,

Like most ROY holders I am just quietly holding and putting my money together for the rights issue. Will cost me 30k, but think it will be a good investment.

As is quite evident, the only sellers are those cashing in a few to take part in the new offer. Ie, it is not bad to sell now for 29 - 30 and then pay $0.25 and 6 cents for an option that is well and truly in the money. It shows that most holders even if they have been selling a few realise that the price will be much higher soon and hence want more leverage in the options.

Current price is clearly a short term phenomina (IMO of course!)

Notice that the whole speculative sector is recovering nicely. Look at the other Phil Crabb companies, ie UMC, THX.


Chill!!