The share price of the company is now lower than the exercise price of the warrant. Do you expect any investor to exercise the warrant since the expiry date is coming soon?
Maxchong -- the logical answer is no. If you are holding warrants, you would not cough up 25 cts to exercise the wrts. Instead, you will use the same 25 cents to buy Yongnam mother shares in the open market now and you will have 2.5 cents to keep as change!
Lots of warrants not going to be exercised I think >> [url=http://www.nextinsight.net
/story-archive-mainmenu-60/916-2012/5044-yongnam-infrastructure-projects-in-developing-nations-to-drive-growth]YONGNAM: Analysts give it thumbs up but stock is stuck[/url]
Viviene, That's what my question is. Is Yongnam going to do something so as the attract investor to exercise the warrant? For example, buy back shares from the market. Yongnam may get more $$ by doing buy back
to those of you who inquired, our meeting with Yongnam was postponed. It was re-scheduled for tomorrow Tues 10 July. If you hv any questions, pls post here. Thanks!