If you are prepared to buy on market at 3c, better off exercising the option to give company much needed money to pay off debt. I think in the long run, it is worth 5c, but that will take time to eventuate.
Will it drop below 3c between now and later the year? possibly. Will it stay above 3c between now and later in the year? Possibly. If I knew which way it's going to go, I will be behind bars.
I take a long term view of companies. I have been in this for 2+ years and been buying everytime they did a CR.
MOY Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held
