re: Ann: ECQ Exercises Opitons to Acquire Cyn... Evening...

re: Ann: ECQ Exercises Opitons to Acquire Cyn... Evening Titanium 8,

Say you own 1m shares at 2.2c; @ 3.2c you have made $10,000

AFTER the consolidation this would be the same as

44c to 64c with a holding at 50,000 shares

The gain is the same, $10,000.

Now after a suspension all orders are purged which means that orders are pulled and need to be replaced to buy and sell on the given day.

So just because the consolidation is at 20:1 and say the share closes at 3c it may close above or below 60c after consolidation. The other thing that has caused confusion is the cap raising price of 40c. We know that there is only 5m being raised so it is highly unlikely that many will be sold down. An example of this was the recent raise at 1c and now sitting at 2.2c after hundreds of millions of shares have changed hands. Given the price rise we can suggest most were buyers.

A consolidation is a good move imo going forward. I think we will be well rewarded.