BXN 11.8% 1.9¢ bioxyne limited

Nice Chart, page-47

  1. 3,108 Posts.
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    Is this correct?

    65m options at a price of 1c have been converted before their expiry on 15-Dec-17. Now I wonder what will happen:

    1) Option holders sit diligently on their new shares
    2) Option holders cannot resist the 4-bagger and dump driving price down
    3) no. 2 above occurs but is mopped up and price is maintained

    Recent history is suggesting that option conversion is not affecting the general direction on the price of the heads
 
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