with the large sell at .24 putting off buyers from paying up, no news flow for sometime, out of the blue shorting on the stock & options in the middle of expiry this is really starting to look as someone is attempting to push this lower to put off option holders from exercising, usual case especially with no news flow for some time & options in the money, you would see news start flowing to attract option holder to exercise, instead the opposite is happening, no news & a obvious push down on the sp.
drilling results are due & so is the quartely this week, I really hope they dont hide overdue drilling results in the quartely..
Brakar
"During Friday trading over 8 million options came on offer for sale."
What price did they come on offer?, was it more then one seller as no single holder holds that amount of options?
SIH Price at posting:
22.9¢ Sentiment: Buy Disclosure: Held