Can anyone tell me what price the Options were sold at?
Why convert options @ 20c when you can buy on market for 18? Now granted, if 18 million shares traded then I'm sure the SP would be significantly higher, however it's getting to the point where converting options @ 20 cents + the initial purchase price would end up being more expensive than just buying shares on market. Manipulated perhaps? Maybe someone really doesn't want their holdings diluted by options conversion. The fall in SP seems to have coincided with the Investmet deal IMO.
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