Oilyman the share are placed at 10c but there is also option attached, 1 for every 3 share at 5c ex at 31 dec 2011. If the PRW camp is pretty confidence then why the option is placed so low. If you work out the sum above, they placed 4 shares at 35c (including the option) That works out to be 8.75c/share.
I have a couple of question, if it that good why is this share placement not provided to existing shareholders? Shouldn't the company looking after the interest of Shareholders. I really hope they can increase the value for the Shareholder and good luck. I will staying far away and will watch. Let see where it will head next week I think it will be to the south
My opinion only. Please DYOR
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Oilyman the share are placed at 10c but there is also option...
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