Is there a ready formula that makes any sense to work this out.
I suspect that the options will trade above the 0.2 cent level. Let's say they trade at 0.4 cents (while MHL heads are at 2 cents). In that case existing shareholders would get a freebee of 0.2 cents per option or 0.1 cent per existing share. Assuming I am correct and 2 cents is the new MHL floor price then traders/investors should be willing to pay up to 2.1 cents per share now to accummulate shares in advance of the cut off date for being entitled to share options.
Just a thought.
Also, I would like a higher share price. So would Gods Broker (but not before he can buy back his 9 mil shares under the 2 cent level).
I am just joking and messing with my mind.
loki
MHL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
