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Ann: Wodger Drilling Starts, Boosted by $200,000 Government Grant, page-37

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  1. bmloho
    595 Posts.
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    12/09/17
    11:29
    Post #: 27152442
    I haven't been following the options at all, what has the volume been like?

    It could be a switch.

    That is, sell a few heads (on lowish volume), get a bit of a panic happening, get it below option exercise price.

    Soak up all the options, and then exercise.

    If you want to buy some serious volume it is quite a valid strategy, without pushing the heads up.

    The 3B'S closer towards the expiry date will tell the story.

    Cheers
    AUR Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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