OAK 0.00% 6.9¢ oakridge international limited

XPE General Topics, page-3157

  1. 4,703 Posts.
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    Oh, and someone questioned me on my comments on the options conversiosn yesterday as being implicit from the RYG days when the RTO took over. Yeah, sure they would have calculated values at the time. But with the run up in share price and people's expectation sof the stock, there is no way it would be efficiently priced in to handle the offloading and profit taking of millions and millions of options by those exercising and selling out.

    How many even expected this to run that fast that quick. Short answer: it isn't fully priced into the share price, and the increased conversions and subsequent sales are going to continue to negatively affect the share price for some time. Throw in brexit and we have a recipe for a very weak share price. Hoping this holds above 6c though but who knows, a sudden dump..........
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