Agree living2. Its a scary thought to think what the head SP could be on warrant exercise date in 2009.
Don't expect 2007 to be a consolidation year for IFT, I think that management has bigger plans.
Printable View
Agree living2. Its a scary thought to think what the head SP could be on warrant exercise date in 2009.
Don't expect 2007 to be a consolidation year for IFT, I think that management has bigger plans.
According to the price of the warrants at the moment, people expect IFT heads will grow by 14 cents in the next few years...
one of the lowest premiums on conversion prices around and still have almost 3 years to run
Make that 10 cents now. Wow, the heads are actually catching up to the warrants!?
Two and a half years ago when these warrants were issued they traded at a premium of 90 cents. The premium should be between 30 and 40 cents based on the current cost of capital.
10 cents.......
What is your guesstimate for head shares and warrants when they are due to be taken up?
My guestimate:Shares $7.50,warrants$4.00
Disclosure:Bought lots of IFTWB 2 months ago
Bu*ger. Why didn't you buy some for me as well?
sorry romer,they were hard to pick up in any volume as it was as only small volumes traded BUT my point regarding the last post(i could easily be accused of ramping these)is what are they going to be worth in 2009 when the warrents are due to be paid up ie my guestimate ,head shares worth $7.50,warrants worth $4.00
i bought my warrants at 75c back in late 2005
sorry just felt the need to boast!
:D:D
A boast or not complements to you Footsie
Footsie
What kind of volumes did you buy (obviously worth boasting about)
Well IFT gave me some for free!!! Unfortunately not enough so I topped up at 91c sometime in the past 12m I think.Quote:
quote:Originally posted by Footsie
i bought my warrants at 75c back in late 2005
sorry just felt the need to boast!
:D:D
There is something up with IFT. The SP movements today were unusual.
Buyers at $5.61.
If there is something in the behaviour then we could be in for a few interesting days ahead.
Spotted this one too. Average email update and then this price movement.
8 minutes in and buyers at 5.65