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07/09/16
23:19
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Originally posted by Red Tempura
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Now the CR,
Ed88 mentioned a cr to all of us in the other forum almost a month ago, thats why we mostly bought heads & not just options, this could be a great opportunity for us. we don't know the offer but Ed believes a 3:1 may be offered.
for the newbies that is 1 free option for every 3 shares purchased for this CR (means a 25% discount, kind of -to those who buy more) #I know the technical minds are going to argue but thats the easiest way to put it so the newbies can understand.
Settle down folks and wait, no point making assumptions.
GMC is a good stock in in my opinion.
If you are not happy or spooked then sell and watch from the fence.
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Totally agree that's why I started a new thread trying to explain the positive impact of the CR and how GMC is positioning itself to be successful. If you feel anything needs to be added or corrected in what I've put up please feel free to comment.
http://hotcopper.com.au/posts/18991359/single
Thank you for your post as always.