RE:Price Guess Competition - I bet it will be .20Yeah, well, I figured out the warrant price is displayed on the tsx.com website (but not on stockhouse or yahoo yet.) Today's price is .19
-- Just like my post from Feb. 10 in which I said " I would pay CAD .20 for a warrant, no problem. "
So the PP was basically for CAD .76 - I feel cheated and I question how much upside is available to me if my share can just be diluted away in PP's that I cannot participate in. So privileged parties could buy a unit for .95, then sell it for approximately .95 and make an instant profit of .19 selling the warrant. A guaranteed profit they had to wait a whole day for.
Of course I am not selling, but the whole thing just is very upsetting. I can see a take out coming in which the company is severely underpriced, and the huge future profits flow to some group(s) of rich investors. All done nice and legally.