Trueblood. The factor that intrigues me is that Ray James has priced the Options that are excercisable by September THIS year @ 5 cents. And that's just 8 months from a Rights Issue @ 1 cent!!!
Suggests to me that Ray James's thinking is that IF an offer is made and announced, the current "market" will be wiped out.
There are less than 2 million on offer with a total cost of around $35,000, with the highest Bid @ 5 cents!!!
I am NOT implying anything, just playing with the numbers that ARE THERE for all to see.
Ann: Amended Quarterly Activities/Appendix 5B Cash Flow Report, page-3
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