not sure macs but I can't recall that number of oppies being wanted at that level yesterday/day before .....
this is typical of what happened over at WTE ... keep the stock gyrating between 4 and 6 cents until oppie expiry. almost everyone will find it hard (on economic grounds) to justify coverting the oppies at 5c.
Who wins? The major holders, the unlisted option holders and potentially, any option underwriter. Now, if hypothetically they are all one in the same ..... you said it .....
you are ferked!!! :) you'd be better off taking the hit on the oppies and following their pump to make the moola back.
Considering they alluded to an EGM in April (previous ann's) this further adds to my conspiracy theory. Why hold and EGM a month before oppies expire with nothing new to add? Unless something comes between now and then? Do you risk the wrath of oppie holders at the meeting? Maybe it would be easier than holding a meeting after the oppies expire worthless! lol
Nova Vita and Lacka Consulting .... says it all really.
BPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
