It seems to me that it is clearly in interest of shareholders, including the large and the therefore powerful holders and notably in the interest of the big boys from the insto's who recently bought new shares at 6.5cents - to have the options expire close to or out of the money in order to avoid new dilutive shares issuing at 3 cents
so the motivation is clear is it not?
looking over the shares and options over the years it's also clear that their prices languish / drop during periods of no news
deferring previously scheduled exploratory drilling from dec 19 qtr to mar 19 qtr it was a sure bet to suffocate the options
nasty nasty stuff it's clear though through options holders under the bus
my fault for not seeing it coming live and learn
MYL Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
