GREY:CUDBF - Post by User
Comment by
1smartdudeon Dec 12, 2011 6:56pm
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Post# 19315061
RE: POP News alert
RE: POP News alertI don't know how much Aberdeen Gould holds already (if any) but this will give them an approx. 8% stake in the business with an option to bring them close to 12% through warrants. They're paying
.60/share which is a damn good price, and this hopefully gives the panic-sellers an idea of where we may bottom out on this unjustified price drop. They've obviously seen value well beyond this price or they wouldn't have dropped $2.4M into the company, especially given the relatively moderate size of Aberdeen.
Management is holding over 4.2M options at an avg price of
.40/share and you know they were issued cheap (ie. before any the development work on their properties was completed). There are huge prospects on their properties going forward and this info is now public.....the current
.54 is a complete misalignment to the value potential in POP. This is a very good time to load up on POP shares if you've been holding out or if you want to average down. Definitely over sold and undervalued!