As far as Bourke's options go..he has 4 000 000 exercisable at...

As far as Bourke's options go..he has 4 000 000 exercisable at 11.89 cents (they were reduced from 14 cents
by the issue of the new shares...ANN 23 Dec 2010)

Just speculating that he would like to get $1 000 000
from his options the SP would need to rise to 37 cents.

If he is able to achieve this, I would be pretty happy.


Secondly, the biggest risk is some large shareholder dumping a lot of shares with the aim of driving down the SP.
It would be hard for some smaller holders, whose patience is already stretched, not join in the rush to get out.

I think we all need to watch for sudden market movements and react logically, not emotionally.

Cheers,
Blackpete