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We'll find out tomorrow maybe sparkler.Maybe has some shares &...

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  1. 10,175 Posts.
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    We'll find out tomorrow maybe sparkler.
    Maybe has some shares & options and wants out but no point selling 626 options seperately as it would only cover brokerage.


    Still trying to find out who converted 3.5m 6c options recently and holding the remaining 3.5m 6c options.
    They weren't sold on the same day as it was Ochre that
    reduced their holding from 13m to 9.1m by selling
    3.9m on the same day.

    One of the directors bought 15642279 when they did the c/r
    buy issuing the options at 1.5c

    Would have cost him about $235k on top of about 17m ordinay shares he holds.
    They would have worked on 5.5c price otherwise why
    dilute your own holding.

    That's all i've got till tomorrow.
 
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