It’s hard to imagine Citicorp convert $2m of options while others did none. If this is the case, it’s as explosive as UNT signed up commonwealth. To add 90m shares after sold 15-20m at cheaper than purchase price, Citicorp must target multiple of 2.3c. It also means no dilution for them and enough funds for UNT marketing campaign. I will be more than happy even if the converted 30-50m of the options, to be more realistic.
UNT Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)