Hi SSN followers,
I am looking at SSN at current levels. This has been on my HC and Etrade "watch list" for a few months.
Upon reading the recent options conversion notice I just wanted to confirm that there are still 222mil options outstanding that can be excersized at 1.5c before Dec 2012 ?
With the assumption that these will hit the market in the coming weeks/months and could be sold for a profit anywhere above 1.5c I assume a bit of selling pressure is still to come ?
Looking forward to any points of view re this.
GL
Tymmsy69
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7 cents in reach again imho!, page-41
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