GREY:PGDIF - Post by User
Comment by
mill44on Jan 17, 2018 5:16pm
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Post# 27380627
RE:RE:RE:$0.14c CLOSE!
RE:RE:RE:$0.14c CLOSE!With the huge amount of 10c shares around we need more than just momentum to see real relief for the longs. Taking away the threat of financing would do wonders. But even if no good news is coming, if they have a shred of decency, they will take advantage of the uptick to issue rights. With the SP at 14-15c, they would be able to issue rights at 10c again and still give a 30-40% discount. Back to the Friedlands' whim I suppose. They have a chance now to avoid the SP's total destruction.