OTCPK:MEAOD - Post by User
Comment by
gahdcon Oct 21, 2011 11:33am
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Post# 19170097
RE: RE: Share Structure
RE: RE: Share StructureTicTac: This differs somewhat ...
Yes, I notice that your listing shows an extra 4% for Sprott in another holding, which adds up to the 15% that I had originally thought he had. Well I am one individual holder that will not be selling for a while. The Dec 12 expiration date for 7.5 mil warrents at 50 and 65 is fast approaching. I know someone recently pointed out that if the price is close to the target many of these warrents will be exercised anyway as the best way to purchase large amounts of shs without moving the price a lot. Anyone have any thoughts on how close the price needs to be to the warrent price for this to happen? For example, if six weeks from now on Dec 12 we are at 40, will the 50 or 65 warrents still look attractive to the holders for exercise? I suspect if the news flow is still positive that even at 40 these warrent prices will still look attractive to these warrent holders.