GREY:STTYF - Post by User
Comment by
fleeinggrandichon Nov 01, 2012 11:07am
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Post# 20549822
RE: RE: 10 million warrants sold/bought
RE: RE: 10 million warrants sold/bought Or maybe they still want to buy 10M shares at 70 cents on 21 December? You can still exercise a warrant even if it's not in the money - it's just usually a bad idea.
But if you really wanted 10M shares of SND, you probably wouldn't be able to buy all that on the open market even today unless you paid on average far more than 70 cents.
Vote of confidence anyway. And that means another $7M in SND's coffers, if true.