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Candax Energy Inc CXEYF



GREY:CXEYF - Post by User

Bullboard Posts
Post by ziggy19on Jan 27, 2006 10:17pm
514 Views
Post# 10259993

Cannacord???Pescod???

Cannacord???Pescod???in the late edition they say the only negative going for cax is the 40 million shares dilution coming up when the warrants get excersized at $1.20, can someone explain to me how a buck 20 warrants getting excersized on a stock trading at a buck 22 is considered dilutive, my only guess is Cannacord figures we will be trading at much higher levels and in that case $1.20 warrants being excersized will be dilutive...what a problem to have, it looks like were going much higher.
Bullboard Posts