My opinion is that the situation is despicable from the management of this period by the company
thrwoing away millions because the stock cant get above 10c..... yet the chinamen are happy to pay 17c
ask yourself who will benefit from the oppies NOT being exercised?
who would put a million on to sell under the oppy price knowing that people sell the heads at 11c 12c 13c to exercise at 10c and once that selling presssure is gone the stock should drift back up to the 12c say.... an extra $20,000 for the seller
if he rally wanted to sell he would just dump or feed a few out every day and go away... its deliberate, because those that do want to sell for genuine reasons have to come under him and the buyers opick up cheap shares...
biy like crappy market news and the "shorts" have a field day driving prices down even further
isnt there 22 holes to be drilled before xmas .... watch this snap back in the weeks to come... remember every dog has its day ... so snap back it will do one day...
and by the way, what is the compnay going to do with the expired options... give them to the chinamen so they can average down ????
itm stinks of stupidity or disgraceful manipulation !
EXE Price at posting:
9.2¢ Sentiment: None Disclosure: Held
