So working there at all and not raiding the Fortrend facility for salary constitute a vote of confidence that big investors will find alluring. Boy, those funds must be easier to please than I imagined.
"you seem to ignore the fact that if they hadn't come in with their funding, ALL shareholders investment would today be worthless."
Not at all. Entirely accept they saved PRR from folding after it raised $189K from 39m shares at half of one cent from holders at the last SPP, and that's why the saviours got such a fantastic deal. In fact, there are quite a few shares obtained at a very low price, and a 1400% profit in a year may be attractive enough to tempt the sale of a few of them.
My point is simply that any other large investor is likely to want a great deal as well - that seems logical enough, and a point you seem to acknowledge. If you feel the SP will be unaffected by those options and by another significant dilution at a potentially large discount, more power to you.
You feel the eventual outcome will overpower those factors, and I agree that if or when it is comercialised, it should easily do so.
It is just a matter of not wanting to risk seeing that trading range somewhat less than what I paid for them in the short-term. Not saying or predicting that it necessarily will be, simply choosing not to hold while we find out.
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Mkt cap ! $588.3M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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3 | 63416 | 0.385 |
7 | 85589 | 0.380 |
4 | 143916 | 0.375 |
4 | 295351 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 45420 | 1 |
0.410 | 275323 | 4 |
0.415 | 26264 | 3 |
0.420 | 452907 | 6 |
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