I think you will also have holders of heads and oppies selling.
In the month before oppies expire there are a number of possibilities.
A heads are above 30c so some holders will sell heads to fund oppie conversion
B People still holding oppies that bought lots at a high price may not have funds to convert or will have massive loss trying to sell that close to expiry
C The heads are trading at 50c so all will be happy
Personally I have written off the oppies as a tax loss, time is running out and the market has lost confidence in BOD. But we could find a few golf ball size diamonds.
Great post Voice you live up to your name.
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