PRW 0.00% 0.1¢ proto resources & investments ltd

muralihkrishna, IMO this is how I see the share price movement...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 79 Posts.
    muralihkrishna, IMO this is how I see the share price movement in the future,
    right now there are 140,000,000 options available at a strike price of 5c, which expire on 31-12-2011. The large shareholders in the company will not want to see their holding diluted in this way, and will do what they can to maintain the current shareprice until then. This leaves PRW short of the cash they were hoping to gain from these options, and the one thing PRW needs right now is cash. PRW will then do what they have to, raise the funds through what companies like to call, sophisticated investors, at 85% of that days shareprice, at least that way the big shareholders are the winners in the dilution, and not the option holders. We will then see the shareprice hover around the 4-6c range until the DFS is finalised and released.
    please understand, this is my opinion only.
 
watchlist Created with Sketch. Add PRW (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.