do you think directors are holding back information due to options with a 30 cent exercise price expiring 31 October 2009?
After the expiry i believe they might reissue options with a 5-10 cent exercise price and then announcements will follow to push the price back to 25-35 cents thus allowing the people who initially bought in and topped up at the 60 cent mark to effectively get there money back?
What does everyone think?
GLM Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held