re: omc move will be swift ss04 SSO4 HERES MY POST ON SHARESCENE...

re: omc move will be swift ss04 SSO4 HERES MY POST ON SHARESCENE ON MONDAY FOLLOWING ANNOUNCEMENT

"i think the shares coming out of "compulsory escrow period on the 6th august 2006, 5 days away may be driving the price back a tad especially due to the fact that there are 10 million options excercisable at 5c so whoever holds these can excercise them at 5c for a small fee of$500,000 and have a value at last traded shareprice of 55c for a 1000% profit of 5 million bucks...mmm what do others think....perhaps a bit of a sell off on the cards....more importantly we see a close today at 55c which unfortunately means a potential reverse breakout to low 50c"
time will tell.....long term still a winner "

2 august......SS04 there is a possibility that it could hold up due to the fact of the recent placement at 52c to institutional investors......they raised $10.8 million ...this should give the price confidence but based on last nights close of 55c i would have to expect a slight drop to around low 50,s
Hard to know as the recent close potentially shows a price drop unless it corrects itself today or tomorrow....the escrow issue ...annoyed me as i did not see it coming and did not pick up on it....its anyones guess whether they sell off some of their holdings as they are staring at 1000% at the issue price of 5c..what i want to know is who actually owns these 10 mill options????