With OEXO down 17% one would have think the bottom has fallen out of OEX but not so at this stage. Am almost certain now that there is a rather large holder (who received free options) getting out with profits of between 37/50%. Every time a small order goes through the seller is back in at any price. If I am correc,t will be very interesting to see what happens when the selling order is completed. More so if OEX comes up with reasonable results which does seem a good possibility. Notice announcement that quite a large parcel of options have been converted.
OEX Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held