WAS 0.00% 0.4¢ wasabi energy limited

exceptionally high volume buying in the uk, page-22

  1. 13,386 Posts.
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    Yes there are warrants as well i should mention.

    350,000,000

    Warrants exercisable
    at 2c expiring 14
    December 2013

    18,750,000

    Warrants exercisable
    at 0.8c expiring 14
    December 2013

    When/if the 2c warrants get exercised it will have almost 4.5B shares and 90m valuation. Maybe thats either cheap or expensive depending on future cash flow from their deals. At this stage i have no idea. How much more money do they need to fund all the deals and corporate costs until positive cash flows come.
 
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Currently unlisted public company.

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