Starting to look a little overpriced compared to the heads, although it doesn't seem as though anyone wants to sell.
Having a read back through the quarterly, I noticed that there are 3,333,334 unquoted May20 options vested to employees and consultants on the 15th of sept. Can anyone confirm whether these will become listed?
If they do become listed it worries me a little, especially if the premium to the heads stays high, as surely a few will get sold off initially. On the flip side, this could boost the liquidity, which in turn could see the price stabilise with a fair time premium (roughly 10c atm IMHO).
This post is just me thinking out loud, and hopefully encouraging a little more action on the oppie thread.
Any comments on this would be appreciated.
Cheers.
TMT Price at posting:
54.0¢ Sentiment: Hold Disclosure: Held
