GREY:KXLAF - Post by User
Comment by
nlegallon May 09, 2011 3:41pm
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Post# 18550240
RE: Management are a bunch of jerks
RE: Management are a bunch of jerks
Mgt. good move.
Cash up now before or if the warrants expire later. If they expire later the co. will have to dilute further with another offering at a lower price.
Money now it better than money later the PDG recaptures the time value of the warrant.
maybe it is your varacious buy that drove the stock up so high so fast that gave mgt. the option to accel. warrant expiration.
Good move Mgt.
lower SP no problem