RE:Cardinal doing very well these days. That's great, but.....montrus wrote: wondering why PIPE has not been keeping pace? So I know we are not directly comparable as companies, but they are at 18K Boed....and we are at 20K plus. Anyone know why they have been sailing along and we have been in the $1.60 range?
Skip and Pj,
thanks for something serious (non .... related).
This is what I messaged to Montrus as my answer:
"Hi Montrus,
with regard to your question on SH: maybe we'll see improvement after wts have expired. Soon.
When (if) that happens, I'll see it as an indication that my idea concerning the possible importance of 17 million new shares wasn't so crazy after all.
When the warrants expire without exercise, most likely the convertible will remain a loan.
Then again: What do I know?
Best,
Ruud"