GREY:CLLZF - Post by User
Comment by
bert2on May 27, 2009 2:27pm
366 Views
Post# 16020678
RE: .90 cents
RE: .90 centsShareholders rights plan will still apply to the new shares ( Can you say 800 mil shares) but your senerio is very plausable
We could get taken out for less than $2.00 but he debt is still a factor
Even at 90cents they may have a tough time filling never mind over subscribing ......that would be the final insult if they had reduce the offer price.