philip capital, page-41

SP3,

I wonder if the shorters have realised that they are treading a "fine line"?? I don't know myself, but in an illiquid small cap, with news in the wings, gutsy stuff.

I hope that the SP is above the SPP of 2c, as that would indicate that there has been good news flow even taking the dilution (options) into account.

$5 k per account holder does give one increased exposure, but if the foundations become more solid (JV, IP, IM etc)then $5K is a drop and the SP of 2 cents looks attractive even without the options.