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4.55% 2.3¢ provaris energy ltd

"underwritten amount be increased to $2,487,939 comprising...

  1. higginss
    375 Posts.
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    08/01/13
    11:21
    Post #: 11261737
    "underwritten amount be increased to $2,487,939 comprising 165,862,633 Listed Options"

    so 32 odd milliom have allready gone. Not all will be sold but probably still a way to go. Hopefully there is 1 or 2 big buyers to meet their selling.

    The fact that the selling stops at 1.6 supports the options conversion theory. A shame as the buy side and momentum was building beautifully.
    GEV Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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