Whoever picks up INLO's at under 3c has done very well.
If you understand at what pivotal stage this company is at with the short term news expected why would you dump your oppies on the cheap when you have till dec 2009 to ride them for far greater returns.
In addition the low INL fully paids share price won't persuade many to dump heads for oppies, especially if the Oppies trade at the premium that I'm expecting.
If say INL ordinaries were 10c then yes it could be wise to convert heads to oppies if the oppies were priced at say 4c. Strange thing is that I don't expect too many 'rights' to be forfeited, the one's that wanted out sold at market.
So now you have bonus oppies in share holder’s hands who really wanted them and not for a couple of grand profit, it would be ridiculous selling now, interesting to see who will give them away.
INLO bid is already at 1c. Good luck.
Whoever picks up INLO's at under 3c has done very well.If you...
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46.0¢ |
Change
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Mkt cap ! $87.30M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 46.0¢ | $64.22K | 138.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28371 | 46.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 27031 | 3 |
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