Stoops,
I agree entirely that CTPOs are in a much better state now than they were two weeks ago.
It was mentioned here earlier that the dilution of 100Mln shares didn't help the options, but I think that the $10Mln for those shares actually does. For a lot of this year we've been worried about where CTP would get the money to pay for it's commitments.
Some of the commitments would be fine *if the options came in*, but that leads to the concern of what happens if they don't? Well, now RC has removed that worry - there is no fixed expense coming up that isn't covered over the next 18 months, there is just now areas where extra money could be spent. And that list of events going on is surely something to put a smile on the face of CTP owners.
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1 | 100000 | 0.046 |
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Price($) | Vol. | No. |
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