director takes up $520k worth., page-26

bomber yes selloff just due to the Pattos raising

Clients got shares at 6c plus free options

They could sell at 5.5c and still make a profit

Plenty of pig iron miners that make good profits and have large market caps

Some people sell diamonds, others sell matches... you can make more money selling matches. You can make more money selling brown coal than anthracite... depends on multiple factors of the resource

Regardless.. the oppies are great value, do a comparison ie BCC

BCC heads at 6c, lower than GLA
BCCO expire in 7 MONTHS
GLAO and BCCO have the same strike price of 10c
GLAO expire in 3 YEARS
GLA has 1/4 the market cap of BCC, so share price can rise much more rapidly
BCCO spread 1.6-1.8c
GLAO spread 1.4-1.6c

Based on the Greeks GLAO is fundamentally worth double BCCO

That's not to say GLAO is worth 3.6c, as I think BCCO is overvalued (most o+g options are) Bcco is 'worth' 1.5c imo.
GLAO is 'worth' 3c.

Post cap raisings are a wonderful time to generate wealth, as they say money in the stockmarket flows from the impatient to the patient.

The impatient soph clients of Patto's will sell to get their quick profits, ignoring fundamental values

The smarter money will be soaking up GLA/GLAO at these artificially low prices to reap a far bigger payday.