Re: Re: 28,386,865 WARRANTS10 Jul 2007 20:33
substp, thanks!
Have I calculated the number of warrants correctly?
(b) I now translate the real meaning 'behind' this as being that they will support at 2.5p. I am unable to understand it as meaning that they have to buy, all the have is the option to buy as and when they choose, but as you point out it has to be at 2.5p (or above). Is there something in some Company Act that stops them buying in at under par?
Anyway you are right, I mis-read it, mea culpa, mea culpa.