RE: 2p Warrants with S.I.13 May 2014 13:23
Lets not overdo it though.
These are preexisting warrants that have been renegotiated. Great thing for us is that it refucesnthe potential number of shares causing dilution. Good news for them is they get a premium on the warrants they had before.
The.encouraging thing is that they would only go alongvwith it if they felt it was plausible and probably indicatesnthey think it exercisable soon enough to be worth their while.
Put in context of gill leates warrants, i would say a target of 2p in a years time is their internal SP target.