RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Someone can explai how the Public offer worksi would suggest that many won't sell for under 10 cents leaving a 3 cent warrant which is close to a 25-30 cent expectation.
probably beat up retail investors caught in the hype last month selling now.
I would hold to sell for 12-15 cents and look for free warrants if i got in. that last couple days price has stated 8.5 cents - but i was not hit until today at that price. Had a GTC order since last friday?
MJVigilante wrote: Sell your 13 cent share for 9 cents, now you have a 16 cent warrant that cost you 4 cents. If i have $1000 i can control 25,000 shares. at 9 cents only 11,111 shares for $1000.
expectation is SP > 21 cents in next 5 years - likely to 30-50 cents.
at 50 cents = $8,500 for $1000.(12,500-4000 cost to execute) or with 9 cent shares = $ 5,555 for $1000.
at current prices expectation should be about 38-40cents in the next 5 years, otherwise buy shares.