exactly right petey...and which is why I suspect (gut feel only) they now have got the $hits about being overlooked now.
Surely a diligent broker wouldn't wait until NOW to get his clients to exercise their options and cash out...when it was so much more lucrative to do so weeks ago? However, things are what they are - you may well be right, and they are cashing out - but it does underline (again) how short term events can distort reality.
We have 1 broker here having an inordinate impact on what the share trades at, which is simply no good for short bterm trdaers (not that I worry about that). Over the longer term - if ME is a fair dinkum operator, and this project has real legs in it - then it truly is going to take some patience on the part of holders.
Until all the short term shenanigans and admin issues are out of the way (the dumping; the CR placement; the EGM; the share consolidation; the conversion of options etc etc), we are NOT going to see the share price reflect the true value of this early stage project.
There is still a long way to go.
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exactly right petey...and which is why I suspect (gut feel only)...
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