RE:RE:RE:RE:RE:Sell-off PNP.RT at .005!Momousavi wrote: Thanks for the reply;I am talking about the offer "PNP.RT". If you look at it, you will see it is sold at .005c, millions of shares.
The question is why they are doing it. It is not a normal trading practice. People who sell it at .005c have bought at 2.5c. So why they are accepting such loss!
That is very suspecious trade and worh to be investigated, imo.
Please correct me if I am wrong!
okay I see it a bit different... that noone bought rights at 2.5... but rather it was given to holders for free... so those who dont want to exercise at 2.5 cents are dumping it at .005 to get something for it.
Many dont want to put more money into PNP... I dont own any so have bought some rights as a way to get in at 3 cents total if I want to exercise in 2 weeks...