re: Ann: Name change, post consolidation capi...
This is my situation with options and how option holders have been effected.
I held 400,000 ROBO at 1c = $4000
They were trading at .3c before cap raising/consolidation ie 400,000 at 0.2c = $800 or 80% loss
I now have 10,000 MRFO. To get my investment back I will need to sell options at 40c.
If ROB heads were trading at 0.4-0.5c and capital raising was at 20c you would anticipate upon lisfting of suspension then 20c would be around the market.
Therefore, 80% loss on 40c would be 8c re-listing. Going to be tough to get from 8c to 40c, rather than .2c to 1c
ROB Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
