PRW 0.00% 0.1¢ proto resources & investments ltd

Our post before got me thinking about the share price action...

  1. 1,126 Posts.
    Our post before got me thinking about the share price action over the past year. We have established that "6667" trader has sold this down all year while JP Morgan nominees have accumulated half of all shares.

    Now what is the motivation for this.

    I have come up with 2 possible motives:

    1. Takeover
    2. Avoid dilution of PRWOB's being converted

    Since the SP has become diluted and is being diluted by more and more issues of shares & moving strike options, I am thinking option 2 is not as important as it once was, unless the moving strike options are being issued to the large holder aswell.

    Does anyone know who the moving strike options are being issued to? (macquarie no longer getting them?)

    Maybe I am reading too much into it, but I would rather write this than write code at the moment!


 
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