sp could fall below recent low 3.4 cents , page-17

Surely people espousing purchasing more MYG/OA/OB can only continue buying into a downtrend for so long before conceding a lost cause??? I suppose if you have a lazy k or two to drop on OAs the rewards could be there but the liklihood of financing before expiry seems remote in all honesty.

What's more likely is an institution underwriting the OAs, finance being announced AFTER the underwriting agreement and that same institution making a motza (only has to be a 2-3 cents to make it worth their while, so 7-8c would be fine). Along with the underwriting fees, you can see who would be rewarded and who would be diluted.

If i could gamble on anything to do with this company atm, the above scenario would be it!