I am feeling pretty bitter at this moment, as I advised my father to hold some of this stock a while back.
Seems to me that Magna will def get more than their share of the shares, meaning that at a guess, they will get another %10...
So am I right in guessing that they will eventually buy the Company out, at a price no higher than perhaps %50 than the $0.13 raising price?
Also, I don't quite understand, what price can you sell your 'options'? When?
I really am quite angry, but also trying to stay calm. Management have let all holders down. Anyone with the time, I would be very interested to know a total amount for the costs to build, run etc the plant to this point.
Sadly, I am guessing over $150 million. Well bloody done. How can there be so many c**p small caps! ha. It seems like to find a good small cap mining stock, you have to find the needle in the haystack.
Gotta love the market.
CCU Price at posting:
12.6¢ Sentiment: None Disclosure: Not Held