Question: given all the options and various strikes that are out there.
Q: can anyone advise what the ( 100%) exercised number of FPS on issue would be. Just so i can do a dilution / marketcap kind of exercise for myself.
IMHO - i see the recent CR as a net positive. But like everyone i hate the very short term impact on the share price. That said IMHO it will be short term, days rather than weeks. i expect us to be back at 15c very soon.
We have 3.5 milliion buyers down to a floor just under the CR price, and only 400k sellers back up to 15c - of course we have our everpresent wall of 1.5 million shares sitting 15.5 - 17. Hence this kind of chart.
So overall i see the CR as a strong positive, particularly if ML's are delayed. ( still a strong non zero chance of this). please note I said delayed - not rejected. Time slippage is a real possibility and must be factored into our risk calculations, although i certainly agree - reading between the lines it seems that things are imminent ( although that wording has not been used by management of recent days)
I just wish i had more money to top up. - but as i said im a hack investor that just happened to be in the right place at the right time with VRX
VRX Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
