I was out of my stock at $1.90 a few weeks ago but am right back in today at average $1.55.
Two crosses
99,200 and 87,000 both bought by CC from Wolverton. Bet this is CC cleaning up the float before the next upleg.
Update - closing prices on Monday, March 20/00
1,250,000 shares of PN (NYSE) at $11.00US = $20,487,000Cdn
325,000 shares of UBRT (NASDAQ) at $6.00 U= $2,880,000Cdn
2,250,000 shares of CLP (CNDX) at $5.00Cdn = $11,250,000Cdn
80,000 shares of ONT (NYSE) at $18.94US = $2,240,000Cdn
2,700,000 shares of GNI (CNDX) at $.45Cdn = $1,200,000Cdn
3,000,000 shares of NEGY (NASDAQ) at $1.50US = $6,520,000
1,000,000 shares of LTG (CNDX) at $2.55Cdn = $2,550,000
675,000 shares of EMA (NASDAQ) at $22.63US = $22,600,000
Total Investments = $69,700,000
1,500,000 warrants (.60) of CLP (CDNX) at $5.00 = $6,600,000
750,000 warrants ($2.35) of CLP (CDNX) at $5.00 = $1,987,000
24,000 warrants ($12.88) of ONT (NYSE) at $18.00 = $214,000Cdn
1,000,000 warrants (.75) of QBX at $2.50Cdn = $1,800,000
Present value of warrants if cashed = $10,600,000
Cash - $13,800,000
50% ownership in the Natural Gas Gathering System - $6,000,000
Other properties, plants and equipment - $3,000,000
Total Liabilities - $1,500,000
Total Assets - $101,900,000 - $3.00/share
Note: this does not take into account the taxes paid on gains and using today?s exchange rate of 1.48
Best Regards
KEITH |
