Navygulf I doubt I will get a proactive call. The only reason I found out last time was that I cillalled Euroz to see if they were doing the raising as I knew they had covered this stock and had organized the market update a few weeks early which to me seemed like PRE CR spin. Judging by the option expiry ann I doubt there will be a resolution for weeks. I will enquire though and let you know. I to excpect a CR at a more reasonable price. 10-12 cents would seem fair. There is always a chance they sell some assets in the coming weeks and do an even smaller CR at a better level. If nms can deleverage and lean down it may still have a reasonable future
NMS Price at posting:
8.4¢ Sentiment: None Disclosure: Not Held