I'm in full agreement with the tenor of your post,Luvlife and the point about the use of a line of credit is a good one which i hadn't thought of. It certainly would have prevented the further dilution we now have to cope with. If we vote down the second tranche,we can use the line of credit argument to counter any excuse it would delay plans for Black Swan.
Now a question; is it possible for us shareholders to direct the Board not to dilute the SOI any further? And to direct them to establish a line of credit to be used as Luvlife suggested?
It seems very logical to me. If there are any counter arguments, I'd be interested to hear them.
db
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I'm in full agreement with the tenor of your post,Luvlife and...
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Last
5.1¢ |
Change
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Mkt cap ! $125.7M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.1¢ | $243.4K | 4.710M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 928256 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 442941 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 541638 | 0.052 |
13 | 1005245 | 0.051 |
14 | 741740 | 0.050 |
4 | 153448 | 0.049 |
11 | 485126 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 13544 | 2 |
0.052 | 550000 | 1 |
0.053 | 373251 | 4 |
0.054 | 1019000 | 2 |
0.055 | 1908868 | 9 |
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