Yep, I'm going to take a bath on OBs too. Although, they could get cracking with the good news soon enough.
If so the OB's could yet be convertible ....
Think about it. A raise now for a new projects, get licence and drilling cracking .... they may yet underwrite OBs at close to the money ... Suddenly they are cashed up and cranking.
OCs will be great leverage then ... but OBs not a dead duck
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2 | 7900 | 0.420 |
2 | 7132 | 0.415 |
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3 | 102900 | 0.405 |
Price($) | Vol. | No. |
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0.430 | 87283 | 5 |
0.435 | 135732 | 3 |
0.440 | 126573 | 6 |
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