PT,
Could not agree more, it makes sense to do a SC.
Lets say they go for a $100 Million @ 9 cents it would add another 1.1 Billion shares to the register.
Pushing the total well towards 5 Billion shares on issue and I believe that is unacceptable.
The ugly reality may be that they more than likely move back from 9 cents PS for CP, so they will need to move quickly on this to make it as painless as possible.
trading halt ???, page-45
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13.5¢ |
Change
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Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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