SRI 0.00% 1.5¢ sipa resources limited

starting drilling, page-20

  1. 205 Posts.

    Big Al,

    "Anybody who gave this company more money in this latest capital raising is certifiably insane, pure and simple"

    Interestingly the one who took up the offer would actually be in the green at the moment and could have easily made a quick buck if they so desired.

    The free options under the code SRIO are trading at 0.007c

    So for example if you took up 200,000 options at 1c you would have 2k profit. The 200,000 shares at 3.5c would have cost you 7k but are now worth $6,600(3.3c). You would still have overall profit of $1,000. Does that sound insane?

    GV
 
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