wondoan project drilling success..., page-9

People will - and have been - buying options and reselling at market price for a few percentage arbitrage profits. The reselling drives the price down, as does the perceived dilution. And everyone knows this is happening, so why buy now on market? Long terms know they can simply buy option now and/or wait until after options are exercised and sold off again. This whole second-guessing game will only end if we can get back to the situation of a few people rushing after shares again...but can't see it happening with pilot burn so far off and market jitters. The next 2 months will just be a chance for believers to accumulate at around 5-5.5 cents...unless we get some surprisingly good news.