GREY:NWMMF - Post by User
Comment by
Geysiron Feb 06, 2011 2:16pm
295 Views
Post# 18083938
RE: RE: RE: RE: RE: Can anyone please explain..
RE: RE: RE: RE: RE: Can anyone please explain..I look at it this way:
All outstanding stock warrants need to be exercised by Feb 17. Basically, a warrant holder turns in to NWM warrants plus 10 cents for each warrant and receives back from NWM 1 newly issued stock share for each warrant. Some owners of the newly issued stock will want to make a quick profit and sell their new stock.
Until all of these shares are sold (and bought) the share price can stay depressed.