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Sembiosys Genetics Inc. SBIYF

Healthcare Biotechnology
"SemBioSys Genetics Inc is engaged in developing high-value proteins and oils in plant seeds using its unique proprietary genetic expression and manufacturing technology platforms. The Company has operations in United States and Canada."


GREY:SBIYF - Post by User

Sembiosys Genetics Inc. > 1 yr of cash at quite a cost
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Comment by Economistoon Jun 19, 2009 1:55pm
515 Views
Post# 16084722

RE: RE: 1 yr of cash at quite a cost

RE: RE: 1 yr of cash at quite a costJust to see how disappointing this is, if all the warrants are taken up, the number of shares will have been tripled. The warrants can be exchanged for shares in the next 36 months at a strike price of 55 cents. That means there's resistance on the share price at 55 cents for the next 3 years!

But yes, I think this is a great entry price. Just no good for anyone who's been into this for a while.
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