GREY:HRIVF - Post by User
Comment by
Olderwisernowon Mar 11, 2009 3:17pm
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Post# 15837257
RE: RE: RE: RE: Good luck
RE: RE: RE: RE: Good luckYes, of course, that IS the big question, with all of its ramifications. I have said before here, I agree, and thus you can imagine many different outcomes. But I remain convinced that the odds favour an upward revision in the cap and share price once it gets presented. Is it a sure thing. Obviously no. But what is? It is simply a matter of odds with me and logical outcomes. One must ask, if they go dilution route, ok, what do they get in the end? Because they still have to make money, and eventually show a return on their investment, or look pretty dumb. So they do a buyout offer. Do you think anybody is selling for less than the price now, all things being equal? Not many shares trade these days, which indicates, show us, or we are not doing anything much. We have seen all the games, the price has already been less than .06 so my opinion. They offer more than today if an attempt to buy or they do a placement at or near their last one if they go that route. Then there are all kinds of hybrids on these themes. Partner, sell something, joint venture on some project etc. etc. Bottom line: more chance of price going up than down.IMO