It's all manipulation. there is NO valid reason why with a buyback and NTA where it is that the options will not soon run. They are accumulating and the fools are selling to them. It's easy money and it's all a game they are playing.
Q: FPO ran from $1.06 to $1.02 back to $1.06. What does that tell you? A: The FPO is worth this and more and the options will remain in the money, watch the buyback in the coming weeks before expiry - they will gobble everything to ensure conversion and funds.
Why were so many options picked up today up to 3.5 cents - you think they are buying them to sell on market?? They are buying to convert them. They know the value and th NTA.... As soon as $1.07 is breached - easy money...
IPOD
LRF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held