PLS 1.32% $3.06 pilbara minerals limited

@tryingtomakeit you say "m 1 October 2015 to the date of this...

  1. 1,100 Posts.
    @tryingtomakeit you say "m 1 October 2015 to the date of this report,the company has received a further$1,184,610 from option holders."

    IMO that's $1,184,610 worth of shares on the market and in the hands of profit takers most likely at an exercise price the current SP... Sone will sell at market and some will be greedy and sell a few pips higher but some will hold.

    So even though the company will receive those money's the SP will be effected to some degree as the seller will and should take a profit when then can.

    LOM and FAR are very good examples of the effects of hand out options and what happens too the SP and in FAR's case then though the funds from the options were received by the company they are now calling a small CR which is resulting in further SP drop.

    On the 29th PLS at open was a ripper buy at 26.5 and I bought at open and saw the high at 33 where a made a good weeks wage strangely enough around 30 minutes after 2 more announcements that talked about pay rises and offering shares and options left right and center and then the SP soon corrected it's self.

    Anyway back too my Singha ahh Pattaya great time of the year right now winter lol 29 deg c
 
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