GREY:GTMIF - Post by User
Comment by
foshizzleon Nov 28, 2009 5:44pm
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Post# 16533417
RE: financing details
RE: financing detailsI wouldn't say it will get ugly. There may be some guys that will just flip the common shares and hold the warrants but I think that below the current price those people will just hold. If they're losing money below 48 cents I don't think they'll want to hang their hopes of making back losses on 85 cent warrants.
I do think that the financing may hold us below 60 cents for a while many of the buyers turn a quick dime and get the tax writeoff while keeping the warrants as a no-cost gamble.
You could try Gastems investor relations to find out any hold period. If you do find out please post.