I was just about to respond to MMM`s post when I read your Hardmano.
1/17th really is not many shares and initially without giving any thought , my first instinct
was to sell the last 100,000 I bought (2 weeks ago) at anything above .8c that I purchased them at
and apply for my replacement shares through the CR.
Basically for every 100k shares you own, you will receive 5882 @ 8c for a cost of $470.56.
Interestingly when a CR is done and your offered anything from say $5,000 to $15,000 worth of shares,
with this 1/17......you will need just over 1m shares to get $5k worth.
So as a retail customer, probably many of us will sit on the sidelines until the 3rd last day of closing
to see if it is above 8c. What we don't take up the sophisticated will anyway and I cannot speak on behalf of others, its very good to raise that sort of money, but for the retail client....I don't think the offer is that great for us. But CN promised she would support the retail and she has done that, bit of a token offer really
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Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $47.12M |
Open | High | Low | Value | Volume |
50.0¢ | 51.0¢ | 50.0¢ | $51.68K | 102.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75177 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 187769 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75177 | 0.505 |
1 | 62764 | 0.500 |
3 | 169438 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 187769 | 3 |
0.515 | 103300 | 2 |
0.520 | 335196 | 3 |
0.525 | 100000 | 1 |
0.530 | 20000 | 1 |
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