Nabaru01, Yes, it is the general market which puts a value on a company. And, over time, the market usually gets it right - otherwise I would not be an investor. The market does not always get it right in the short term, though. The reason for doing this CR has been shared by management already. As I mentioned previously (some time back), I do not fully understand why it was required. But then I do not run the company and I am no expert on hedge structures etc. I assume the CR was done because the benefits outnumbered the drawbacks - otherwise it would not have been done.
Buckland, You have lost me again. If you are telling me that I can make money by buying cheap and selling high, then thanks for the tip, but I kinda knew that already.
MOY Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
