Hypothesis: buy through to options being in the money. It isn't that significant an ask.
Rationale: 9-10 AQDOA holders have a significant AQDOA holdings of 2Mn+. JPM Nominees has 10.2Mn; Jetosea Pty Ltd ~5mN, Buckland Capital 4Mn, Exploration Capital Partners 3.5Mn, BNP Paribas Nominees 2.5Mn as examples.
Chi-X + ASX trail to 3.5c is ~$70k or ~3Mn shares (see below). No asks on Chi-X for some reason - despite trades today.
If one of the large holders wanted to really increase their stake over a very short time period by cashing in in the money opportunities, this would be a finger-licking-good way. Heck, if I had 4-10Mn I'd be getting excited at the thought at increasing % held.
Asks:
|
Column 1 |
Column 2 |
Column 3 |
| 1 |
Price |
Volume |
Dollars |
| 2 |
2 |
174999 |
$3,500 |
| 3 |
2.1 |
330000 |
$6,930 |
| 4 |
2.2 |
604471 |
$13,298 |
| 5 |
2.3 |
100000 |
$2,300 |
| 6 |
2.4 |
880951 |
$21,143 |
| 7 |
2.5 |
299142 |
$7,479 |
| 8 |
2.6 |
300000 |
$7,800 |
| 9 |
2.7 |
30000 |
$810 |
| 10 |
3 |
50000 |
$1,500 |
| 11 |
3.3 |
40000 |
$1,320 |
| 12 |
3.7 |
114000 |
$0.04 |
| 13 |
|
2,923,563 |
$66,080 |
