rights' value-zero; natural gas, PMT- reach bottomI am buying more at $0.035,LOL. I believe the bottom for both natural-gas and PMT is here, LOL.
If the back-stopper exercise all his "rights" including the ones from the shareholders that gave up their "rights", plus the share conversion from his debentures, he might end up in a position to take PMT private wether he want to or not, LOL. now PMT have 1.05bln shares outstanding, worth about 3.8bln pennies, If consolidation is at 10/1, shares at $0.35, why bother, consolidate at 20/1, shares at $0.70, maybe, but the outstanding shares will shrink to 50 mln. the shares in publc hands might be too low for TSE, if consolidation is 30/1, shares at $1,05, value wise, it make sense, but the shares outstanding is only 35mln. in this case, the trading volume will be so thin, the TSE might kick PMT down to the Vancouver Ex. or delist PMT for being inactive,LOL, CHEERS GLTA