TSX:SUE.WT - Post by User
Comment by
nemoraon Dec 18, 2010 12:53am
411 Views
Post# 17865423
RE: expiry of warrants???
RE: expiry of warrants???Short term:
IMO, there will be some short term selling pressure from warrant holders taking profits, but this will be temporary. But not sure if it will happen here (temporary downward pressure). The stock is building momentum right now and if they exercise warrants and keep the shares than the price may hold. Would you sell Sulliden shares at this stage of the game? I wouldn't.
Long term:
Right now Sulliden is fully diluted at 226 M. The company gets $22 million in financing with no additional dilution which will result in the Company’s cash position $52 millions. Not bad!
GLTA