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Primera Energy Resources Ltd V.PTT



TSXV:PTT - Post by User

Primera Energy Resources Ltd > PTT Warrants & Options exercised !
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Comment by cddon Apr 12, 2011 5:51pm
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Post# 18421511

RE: PTT Warrants & Options exercised !

RE: PTT Warrants & Options exercised !
Presentation was citing numbers as of Dec 31. @ 10m options and warrants were exercised, of a total of 24.1m, per the presentation, leaving 14.1m outstanding as of Dec 31. One wonders how many of those were in the money and exercised since then. Could also help explain some of the SP weakness - if you can exercise for .20-.25 and sell above .30 or .40, who wouldn't?
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