Post by
Electrospiro on Mar 29, 2015 5:11pm
Stock price question
I still think that ARF is due for rebound in stock price. There is a lot of speculation that the stock will go to zero and disappear. We have more than two months of trading left on TSX and even delisting will take effect, the stock will automatically start trading on the TSX Venture. There is still few possibilities of extensions, wavers, new loans, stock for debt options, buyout, etc. I've seen many other companies that were in much worse state and they manage to survive and their stock trading higher.
Comment by
llennn on Mar 30, 2015 12:22am
using a theory of probabilities it may look like a 1:4 chance for anywhere from .08 to 2.02 and the leverage/gearing looks to may be going from 50:50 gearing to 75:25 to the upside as the down side risk to reward to the out weight by the at flight ceiling cap, as the shares out is only 24mil
Comment by
Electrospiro on Mar 30, 2015 11:46pm
I don't think we had a dead cat bounce yet. The stock is trading between 0.2-0.25 now and the bounce may come in the least expected moment. I wouldn't be surprised to see 0.10-0.15 cents again with no news or particular reason.