I wish I had that sort of cash to convert. I'd be hoovering up everything I could. EGA will be a different beast post options expiry. The hand-break will be off.
I just does my head in, at one point today PNR MC was up the equivalent of EGA (undiluted). i.e People like PNR, it goes up 10% = approx $20mill in MC. Here is EGA, on the way to production with a very similar profile to PNR and MC is low $20mill's.
EGA Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held