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Gold/Mining/Energy : NP Energy Cp New -- Ignore unavailable to you. Want to Upgrade?

To: Ken Sammut who wrote (16907)5/9/1999 7:22:00 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 22810
 
4MM 504 shares went out to raise $$ to run the company and for future use.

So if they raised the maximum allowable, that would be about 0.25 a share, right? If they didn't raise the max, they sold them for even less. Interesting that the investors would require such a cheap price on a stock (for the moment) trading at almost $2. What do they know that you and I don't?

Float of 300K, with (at least) 4M coming onto the market. Yikes.


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