daytrades april 8 afternoon, page-200

  1. 22,506 Posts.
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    RTL lovely pullback on falling volume


    look for volume


    RTL deal, coal next to RIV ( 1.6 billion cap)


    ok it might take some thought to get your head around, i just got it



    250 million options to vendor


    The terms of the Purchaser Options are such that the number to be issued is stated on a pre-Consolidation basis and their exercise price of $0.25 per share is stated on a post-Consolidation basis.



    so the shares are to be consolidated so they can raise money at 20 c and list on the mining board, if the share are consolidated at

    2:1 then the vendor gets 125 million options
    3:1 then the vendor gets 83 million options
    4:1 then the vendor gets 62 million options
    5:1 50 million


    Current price 3.4 c ( 6:1 current consolidation)

    the higher the price the more options the vendor gets.


    ME THINKS RTL WILL GET THE LIFE PUMPED OUT OF IT
 
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