Hartley's passed a lot of the burden to sub-underwriters. Hartleys also don't care about "value". The point of underwriting is to take a fee without needing to buy any stock. Buying stock is the last thing Hartleys want.
0.1c is not enough margin to excite many option holders (except if they are long term holders that don't mind share exposure.) The market is not that "efficient".
There is going to be a lot of nervous people waiting for that shortfall number.
APC Price at posting:
8.4¢ Sentiment: None Disclosure: Not Held
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