MPO 0.00% 14.0¢ molopo energy limited

options converted, page-3

  1. 17,261 Posts.
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    Interesting. I gather that the bulk of all ops were converted last night. I was expecting a bit of a selloff today. I would not expect big instos to be chasing a couple of cents by buying ops, converting and then selling. I was expecting a mob of traders and small time investors to be doing so. That being the case I would expect those type of operators to already be lined up at the exists. But no, atm it likes like MPO will benignly take up where it left off yesterday. I think now we may see no significant sell off at all. In fact I am now wondering if there have been buyers on the sidelines waiting for a sell off who now realize that it won't happen. Maybe we may even see a rush to get in !!
 
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