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Ann: HEAVILY OVERSUBSCRIBED PLACEMENT TO FAST TRACK DRILLING, page-19

  1. 1,905 Posts.
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    Hi Dearly, yes it makes sense. I wrote it before the POS fell 15% in a day. I thought we could get 6cents with an option that was trading at 2.9cents and was technically in the money at 5.5cents. I got shot down pretty quickly by a gun slinging cowboy! We were seeing some good interest coming. Seemed a funny day that we ended on 5cents considering it was "Heavily over subscribed" a crap day to make an announcement for a "Cap Raise".
    I did sell a few heads over the 6 cents and I don't normally return to the scene of the crime but they did look very cheap again around the 5.2 And Dratoz I think that with the OA's people are looking well forward and seeing a 3.2 cent entry level into this company a cheap option with approx 60% more leverage. IMO
 
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