Next week is the meeting for the second tranche of 59m shares at 4c? This is apparently a done deal. How are they going to give it to the clients when the shareprice is languishing at 3.5c? No client in their right mind would take it up. Or is there an arrangement that clients have given their word already where they said they would take it at 4c. They better get pumping! They obviously believe the story for such a big raise, but what are they going to do now?
NMR Price at posting:
3.5¢ Sentiment: None Disclosure: Held