I don't disagree but in the case illustrated the company was significantly strapped for cash and needing a huge injection. If lake can hold out and get some runs on the board first they can command a much better deal. CRs to this point have allowed SH not to be at the mercy of such a significant event. When the board choose who to bring on board it will be on better terms and with a market leader of their choosing.
CRs and price dilution, page-12
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Last
5.8¢ |
Change
0.002(3.57%) |
Mkt cap ! $100.7M |
Open | High | Low | Value | Volume |
5.8¢ | 5.9¢ | 5.7¢ | $223.9K | 3.868M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 694354 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 317475 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 694354 | 0.057 |
14 | 2154355 | 0.056 |
17 | 958505 | 0.055 |
5 | 221019 | 0.054 |
6 | 194650 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 317475 | 12 |
0.059 | 1300603 | 10 |
0.060 | 360272 | 7 |
0.061 | 388934 | 3 |
0.062 | 682554 | 5 |
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