GREY:FEBTF - Post by User
Post by
skyhi0on Aug 11, 2011 3:51pm
299 Views
Post# 18932647
This morning...
This morning...... the share price of FEB briefly hit $.51 ....a remarkable drop of $.41 or -$20,000,000 (44%)market cap in only 2.5 months. Incredibly this is after numerous advisory board appointments, collaboration trial agreements and directorship changes and substantial bolstering of the treasury this year.
Remarkably the decision to grant $.60 options to directors came with nothing more than the excuse that they haven't had any (feeding from the trough) since 2009 and occurred at the very time the share price was breaking down below a long term trading range.
Coincidental?
Shareholders are down 20% from the same time in 2009.... what do they get?
This stinks!