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Bullboard - Stock Discussion Forum Centric Energy Corp V.CTE

TSXV:CTE - Post Discussion

Centric Energy Corp > Why the big drop today?
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Post by h52wilson on Dec 03, 2010 9:35am

Why the big drop today?

With high volume???
Comment by PaleRider22 on Dec 03, 2010 10:19am
Maybe all these options are getting exercised and sold...nice profit...The implied aggregate equity value of the Transaction is approximately C$60 million on a fully-diluted basis, based on 92,303,103 Centric Shares outstanding and 5,700,000 Centric options outstanding with exercise prices ranging from C .06 to C.35 per Centric Share. Holders of Centric options who do not exercise their options ...more  
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