Isn't it good to see the insiders are alive and well on this one.
Who in their right mind would pay .004c for an option to a company with no effective business, when you can buy the fully paids for .007c?
lol...at this rate, the options will overtake the share price.
Clearly, the only people who would do such a thing must know something?
I have watched this thing fairly closely now for some time...years in fact...it is illiquid at best, often experiencing long periods of few if any trades.
One cannot help but notice therefore, a sudden burst of buying in lots of 2, 3 and 5m lines...they are not exactly rushing the stock, but buying they are, which is very odd for this ticker.
So who is it...or more importantly, why are they doing it?
Should an announcement come out that might shed some light on such behaviour, the ASX should have no problem identifying the culprits...but will they act?
Cheers!
MRY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held