BAS 1.54% 6.6¢ bass oil limited

Bass oil looking Good for Future, page-61

  1. 1,534 Posts.
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    "I'd hate to burst everyone's bubble, but talk of 0.6c short term when there is still so many unexercised BASO's is extremely ambitious. "......

    Mate, theres not too many people's bubble being burst whatsoever. Not many banging on about .006.
    For the most part of the year this thread has been quietly choofing along, with everyone knowing the options to come on market. And, well, with the piggy back option as a bonus to excersise. ... it has been expected this part of the year to have extra supply...... its not rocket science.
    Fair enough, some newish holders may have been suprised by the supply to come if they didn't do a full DD.
    At any rate, not only has this been expected but, by a lot, it has been looked forward too. It gives a good cash injection, fully knowing its going to be a short term abundance of supply time.
    If you have a look at volume spikes throughout the year, you will notice that many millions can be exchanged in a very short time.......now as news comes, (and if you have done DD, you will know whats in the wings on more than one front) just watch how quick the shares are exchanged.
    Have a great weekend.
    Last edited by mandp: 03/11/17
 
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