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Aroway Energy Inc ARWJF

Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Bullboard Posts
Post by earlybird_787on Sep 08, 2011 3:14pm
268 Views
Post# 19023643

Outstanding Warrants

Outstanding Warrants
Issued and outstanding shares     37,806,092
Warrants
- 1,500,000 @
.105 Expire December 2012
- 7,337,688 @
.20 Expire October 2011
- 2,319,028 @
.45 Expire December 2011
- 5,197,758 @
.50 Expire December 2011

 
Options   1,620,000
 Fully Diluted   55,780,566


I am looking to buy some shares in ARW, but the above share structure indicates that there could be some near-term   downward pressure on the price of the shares. This is mainly because of the the 7,337,688 warrants that are due to expire around Oct. 14, 2011.

What do you guys think? Is it crazy to wait after Oct. 14th to jump in?
Bullboard Posts