RE:RE:RE:RE:I just bought some at .32fredgoodwinson wrote: If it really going to be 25 cents - and at daylight robbery plus a warrant you can expect big take-up - then a maximum $15m equates to 120m new shares with their warrants fully exercised.
With so much new stock on issue and so many warrants to wash wouldn`t expect the 54 cent warrants to get into the money before they expire in March.
25 cents would represent an utter disgrace IMHO.If they`d just had a straight rights at that price (no warrant) they`d have got what they needed for now.
I don't think the prostitute style management would take any prostitute party term under 35 cents, the aftermath even for 35 cents PP with 60 months warranty is a disaster, and would be out of those management idiots' control.....,