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PP at $2.25
posted on
May 12, 2008 07:48PM
There are 5 Million shares of the warrants that are FT priced at $2.25. I believe (due to tax considerations) we could see a fair number of shares hitting the market when we reach a SP of $1.35(60% of $2.25). This could suppress the SP for a bit at that price. However, if we have another stellar hole with further results from the tower zone, all bets are off.
