SBR 17.7% 1.4¢ sabre resources limited

Ann: Pause in Trading, page-37

  1. 12,830 Posts.
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    Ya I really feel sorry for them as well as feeling sorry for myself for being a Investor in SBR...... rolleyes.png What with approximately $1.3 million in forecast Cash on Hand and a revised grand total of 786,958,027 Options exercisableat $0.008 each -- ALL of which expire on 30/09/2022 being the ' exact ' same terms as ALL the other .008 cents options issued previously.

    Ya so with the potential $6,295,664 which could be raise over the course of the next 2 years - I really am feeling quite sorry for myself.....

    Then there is the 125 million Options exercisableat $0.015 each on orbefore 01/12/2021 which might also raise a further $1,875,000 in required working capital along the way to the conversion of the .008 options. Who knows , in this market , maybe we end up getting BOTH ......biggrin.png

    Ya so Dilution or not , I would rather be in Sabre's position with it's staggered options pricing than many many others out there. Especially since they have done this raising at less than the price of any other prior raisings ......and with the SAME attaching options price of .008 cents.

    Ya so at the end of the day , I'm not here to make reflection's down' Memory Lane ' in so far as how Management performed preciously as I am here solely for the trade and making profits in the ' Here and Now '. These sorts of thought processes make absolutely no sense to me and don't make you money so I don't care really.....wink.png

 
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Last
1.4¢
Change
-0.003(17.7%)
Mkt cap ! $5.501M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $4.696K 314.0K

Buyers (Bids)

No. Vol. Price($)
4 302701 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 18100 1
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
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