It will be an interesting situation. I agree the Oppies were very poorly priced IMO.
However all the real believers including myself participated. Why? Because we knew the company needs these funds to complete their next stage.
I and a number of others applied for overs and received them.
So we overpaid for options and we knew it. So tell me then, who is going to sell them? Not many I am guessing.
If a property market collapses because their are no buyers, it needs the sellers to accept the lower price. Which usually doesn’t come true because people just say, nah...won’t sell. Will just hold onto it.
And this is what I am speculating will happen with the options. Sure a few might come up at a loss here or there. But anyone looking for the type of volume I freely just bought, will not be able to get it IMO.
And when we have our news in the next month and the price flys to 20c... what do you think my opposes will trade at?
This is a serious opportunity in the lithium space that the market just doesn’t see.
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