I don't see it being all that bad. If we all take up the offer then at 3.5 cents & option the dilution isn t much. Perhaps short term the sp will drop but imo the second half of this year was always more likely to see progress and June was always going to be a little optimistic. At least they have given us the opportunity to participate rather than using fortrend - who knows in a year we may even be thanking them ;-)
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