15-02-2014, 10:12 PM
(15-02-2014, 08:46 PM)BlueKelah Wrote:(15-02-2014, 12:36 AM)Johnny Wrote: BlueKelah, aren't you worried abt the company warrants? When they are fully converted, all the juicy stuff will be heavily diluted.
""heavily diluted"" I think notjust read the latest Q313 report...
Preview for you to calculate anyway you want -->
2012 Warrants expires 5 June 2015 @ S$0.185 , total 144,708,822 left
even if all converted by next year, dilution would be only about 5% balance sheet wise at current prices.
NOTE for newbies : this is not a good example of deep value stock.
-vested-
If all converted by next year wouldn't it result in a mandatory offer?