I noticed a whole stack of options that are due to expire next month. Looks like only 5 million of them are in the money marginally the rest are out of the money. Looks like Bayan wont have to worry about getting them in the future. Maybe that is why there has been some selling at these lower levels so that they can get the money to convert the options.
Looks like there will be no price action until after sept at least.
KRL Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held
