this is a classic case of placement overhang. The shares + options are worth and cost combined 7c, so options at 4c means you can flick the shares and still have a paper profit and the same exposure. My guess is plenty got more than they could afford, and are now nervous as the run up is not happening. It still might, but next week now obviously. But these things never go as you might think, if someone hears the results will be sooner than later, and that they are good, well.... 10c easy. Not meant to happen though, but leaks can be a thing. No leaks right now though, for sure.
RML Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
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