RE:Just a Small financing vs CFO Ford Disaster
TP
The new low was .18 the day GW took their 5% position at .19 so .29 is now not the low. By buying their stock at or near the bottom GW made .29 look good. Their takeover attempt also changes the corporation's going concern stability profile and the need for ready cash. So GW made Feb "old news" . Think of trying to get a bank loan when your going through a contested divorce, it is harder then when things were OK."right" GW changed the playing field. What Graeme should have done was sell a few more million shares at the last offering, but such is life.
C Yes, so far so good. So Urocidin is card I might need to play, so BNC is an insurance policy of sorts for me as much as an investment.
HT