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Penbar Capital Ltd V.PEM


Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.


TSXV:PEM.P - Post by User

Bullboard Posts
Comment by wood6411on Jan 07, 2012 12:33pm
261 Views
Post# 19378749

RE: PP QUESTION....

RE: PP QUESTION....

I understand how warrants work jpbb. I know you don't pay for them until you exercise. My point was, why pay .25 when that time comes, when you can buy now for .125 - .13. Your shares would have all but doubled in price by the time the warrants got exercised at .25.

I'm just pointing out the difference in buying now, versus buying into the PP at higher prices. That's all.

 

Good luck to us all this year. I shure how the leadership has a better game plan this year. We need to get the share price going the other way.

As for Dundee - well, their recent action speaks volumes in my opinion. They can't all be stupid over there.

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I'm not sure you understand how warrants work. You don't have to pay anything for the warrant right now. You only pay for it if you wish to exercise it, similar to how options work. In this case, you would exercise it if and when the sp goes above .25. I'd suggest you google "warrants and financings" to find out more

Bullboard Posts