re: exposed?.......t4p.. T4P , I think your on the money with your post below .... especially when one of the major s/holders (probably the capper)is owned by a resources capital raising specialist.
I like the stock (especially at current gold prices) but cant see the oppies getting over the line , sadly for those that have only oppies.
I'd expect the fpo's to go thru to 6c ish after the oppies lapse. Watching with interest , and planning to re-enter fpo's.
SALTY
Subject re: exposed?.......heatseeker..
Posted 01/12/05 15:32 - 76 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #813242 - in reply to msg. #813210 - splitview
The Crow...
You are on the right path...but how about this scenario...
Sell down your holdings, thereby supressing the price and preventing the company obtaining the required funds from the options money...then you negotiate a placement at a price well below your average sell price, to provide the company twith the funds they require.
1. You make instant profits.
2. You avoid dilution of your shares due to the options conversion.
3. You pick up a decent fee for your troubles.
Cheers!
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