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20.0%

0.6¢ oilex ltd

oexo options a bargain and way undervalued, page-77

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bobla

360 Posts.

17

01/08/14

14:14

Post #: 13754944
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Originally posted by unsinkable ↑

I just noticed over 3m options got converted...I am struggling to think of why somebody would convert their options (over $500k) worth just before flow results... Wouldn't you do it after considering the risk involved right now? It's a great sign that somebody would want to spend $500k BEFORE flow rates but it seems a bit crazy if you ask me... I would think they should have waited until AFTER the results before throwing half a million away...

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Maybe it's as simple as someone wanting the voting rights

OEX Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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