EMC2 - CR at 1.5C and as Quanta will probably say thats the 8th time - but thats my point - 1.8 billion shares plus further dilution of what 600m ? Very dangerous....
lukeben, not just very dangerous, in this market it is madness.
I totally agree that a standard CR will kill the SP, and yes there is $50+ million in the wings just waiting for the SP to climb over the 9c or 10c mark, these options holders WANT to give GGP management this money.
All management have to do right now is be smart about this, right now is, wait for it............
A PIVOTAL POINT FOR GGP TO GET THE MONEY FROM THE OPTIONS EXERCISE.
There are no fees to get this money, they don't have to put it to the shareholders, it is automatic if they can plan RIGHT NOW in a way to grow the SP towards the 10 cent mark.
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