TSXV:ISD.H - Post by User
Comment by
KingWhatsion Sep 11, 2012 10:54am
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Post# 20347021
RE: Someone
RE: Someone You are confusing me wounded. First you suggest that a PP around .25 would be a good thing and then you say someone is holding the price down at .25
Sorry to disagree with you on both points. I look at the current price as just normal trading. We had a good spike, traders took their profits and the MM's are simply trying to squeese out a few more cheap shares before the next PR.
I see no reason to dilute at these low levels. Those companies who have entered into agreements are the ones who will need the capital to deploy the antennas, not ISD. Once they do that, money will roll in and we will proceed to the .50 level where there are options waiting to be exercised. The options will provide the extra cash with very little dilution and no wasted money to brokers and their wives.
Alex knows what he is doing and that's the scenario I'm waiting for.