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0.6¢ gulf manganese corporation limited

it will be very interesting to see what someone like Tan Hwa Poh...

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tonychung23

14 Posts.

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26/03/19

00:50

Post #: 37880411
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Originally posted by J.W.Pepper: ↑

you make no sense (again). Options will expire worthless - there will be NO conversion of 1.6bn options. No one is converting them - check the 3b's, last conversion was back in Jan. for 5 mill. shares, the market does not want these options converted that is why the s.p. is at all time lows. As soon as the options expire (4 weeks) the s.p. will go back up - Simples.

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it will be very interesting to see what someone like Tan Hwa Poh does. He's a director so his purchase/sale of shares on market need to be disclosed. I doubt he lets his 190m and 10m options expire. That's a cool 1m to convert...

GMC Price at posting: 0.8¢ Sentiment: None Disclosure: Held
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0 Great analysis

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