I reckon that paltry issue of opts @ .001c on a 1 for 7 basis will cost the co more money than it is worth in admin costs They would get about $46K for the effort
RHT did this to me & even though the opts went up I had hardly any worth selling
1 for 7 means that 50,000 fps would yield 7,142 opts & even if they are worth say .005c = $35.71 less brokerage if one sells them on the market
They should either make opts bonus opts on a 1 for 1 basis for all existing shareholders or if they want some money sell them 1 for 1 with a greater expiry period (say May 2010) @ 5c exercise price. They should get .005c then
I must admit that I didn't take any notice of MOO primarily because they did not seem to trade much. This dog's ears pick ( I tried to say prickup up but HC said I was using a profanity & wouldn't publish this) up with price movements, t/o or interesting reports
MOO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
