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Cyan, the colour of money (part 2)?
The Prophet - Thu, 21 Dec 06 :
-hi rivaldo
-don't seem too much point exercising when you can buy in the market at 10% discount, so I guess mine will lapse
-really I would only want to take them up if the sp was , say, 22p or so, and there seems close to zero chance of that before the year end.
-Ofcourse, it may be difficult to obtain the volume of shares thro' the market, compared to exercising
-but a big point of the warrants, for me, was to purchase and be reasonably in profit, ie warrant exercising would be a lower-risk action.
-guess if they have a discount to ,say, 15p, it would be a go-er, but can't see that happening!
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