I originally bought RLEOB at 2.2 so have sold them off today with such a large number of free options coming out on the 9th i think there will be opportunity to re-buy at a better price.
I also sold off some shares at 12.5 last week and will be sitting and waiting for what unfolds, while the 10.5c could be seen as a floor due to the cap raising given the large amount of free options some investors maybe happy to sell heads at a lower price.
I still hold options A's, a small amount of option B (which will hopefully go today) and some heads that i wont be selling.
RLE Price at posting:
11.0¢ Sentiment: None Disclosure: Held