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2,345 Posts.
539
08/03/19
09:59
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Why would anyone buy the shares when you can buy the options?
You can buy GMCO for $0.002 and exercise later for $0.005 (by 21st April, if there was value).
Who on earth would be buying shares at $0.008.
With the market value of the options now approaching nil, I think we will see a convergence of the share price to $0.005.
To say GMC need DSO is an understatement, I think their future depends on it.
I also wonder if they've managed to realise that $75 which was due today...
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