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Second Wave Petroleum Inc SCSZF



GREY:SCSZF - Post by User

Bullboard Posts
Comment by idleSpeculatoron Jan 14, 2004 1:23pm
140 Views
Post# 6892185

RE: Warrants extended !!!

RE: Warrants extended !!!Go back and look at sedi, insider transactions over last 6 months, you will see 35c warrants expiring. Not all warrants are extended. Warrants are due within one months iff (if and only if) share price exceeds a certain value. The compnay has around $1million debt I heard here, go add up the value of all warrants, bet it is less than that. Rather have 25c warrants excercised than another PP at 20c with warrants, so what is so bad about extending warrants? Logical rational arguments on a postacrd to........ idle
Bullboard Posts