NGC can only dilute if holders don't take up their rights.
Most of the subs have an average price or $0.08 already so if I were them I'd either reach an understanding with NGC and sell at a premium with a TO bid or take up my rights and make them blast me out.
They all came to the party because they knew the company was vulnerable.
I am impetuous and brought some on open so I am already down for the day but I can afford to wait.
I intend to take up my rights if it gets that far. Business will be financial sound and will have competent management. On that alone it's worth north of $0.07
In my opinion only the subs will take up their rights rather than be diluted and cede their leverage.
FGS don't follow me!
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Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 193399 | 0.5¢ |
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Price($) | Vol. | No. |
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0.7¢ | 59645 | 1 |
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2 | 193399 | 0.005 |
2 | 2592799 | 0.004 |
4 | 1933333 | 0.003 |
2 | 1800000 | 0.002 |
3 | 2710000 | 0.001 |
Price($) | Vol. | No. |
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0.007 | 59645 | 1 |
0.008 | 34646 | 1 |
0.010 | 105354 | 1 |
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