True Yet I see many reasons and not just the options
1. Less dilution as Lind continuously fund 2. Ensure not taken over at a bargain price 3. Current shareholders expecting research 4. Biggest events in OBL history being native title and the block being granted has had no exposure 5. Volume is good and give people wanting out their chance and bring in new investors 6. Would be a bonus if options get exercised
From a management perspective if OBL keep doing what they have said they will do with the Derby block and other assets the shareprice will take care of itself. However, the shareprice has become ridiculously cheap.
DYOR
OBL Price at posting:
1.3¢ Sentiment: ST Buy Disclosure: Held