oppies buyers

  1. 19,875 Posts.
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    interesting that buys keep trickling in for the oppies at a level which is way overvalued to where the ords sit. the wall of sellers that appeared at .06 in the ords coincided with people stepping up to buy the options ... strike of .14, june 2014 expiry. long time to run so some time premium will run with these.

    anyway, just small change at this stage, but worth noting nonetheless. management continue to be bullish about where they are heading in a 12-24 month timeframe.

    certaiinly looks like a spp raising at .05 to existing holders (management have consistently done this so fair play to them) and then forward with say 175m on issue. potential for a multibagger return on ords and even larger on ops looks good in the timeframe IF oyu believe in the technology and the direction of Mhealth.

    I believe, I hold, I wait.
 
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