most CR's are around 15-20% discount.... DDD is barely holding .007 at present... I think if management go to Shareholders it will need to be .005 as many holders have been waiting along time for something real with 3D to even happen...
I think we may even see the CR this week... just cause of the way this Ann was put together..
If they have something really substantial that will re-rate DDD I can guarantee you the CR has already been taken care of... but due to this Ann today I would guess they are going to the shareholders...
I would hope they dont do a massive CR to cause major dilution... they would be better to raise enough for the drilling program and obviously their own expenses, then if the results are as good as we think they should be, then do another CR as the SP should be at least 100-200% higher to prevent dilution at these levels...
DDD Price at posting:
0.8¢ Sentiment: Hold Disclosure: Not Held
