Sonoro Energy Ltd (SNV): Addora and others, what is not to unders...

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Sonoro Energy Ltd (SNV)

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Re: dadora post# 387

Saturday, 12/18/2010 12:56:42 PM

Saturday, December 18, 2010 12:56:42 PM

Addora and others, what is not to understand? Is simple math.
Bottom line, the dilution with 60 million shares means lower shares value for existing shareholders. Better hope for some news to backup this dilution, otherwise my 18 cents call may be too optimistic.

I sold everything I had left at 30 cents as soon as I saw the news. I'll watch it from the sidelines for now.

This is my opinion giving the latest developments.

Disclaimer: I did my due diligence, I spoke many times with the company IR and I read every public available information about Sonoro and its management team. I start buying SNV when was trading under 10 cents.

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Recent SNV News

Synovus to announce second quarter 2024 earnings results • Business Wire • 06/18/2024 01:24:00 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 08:18:00 PM
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Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/07/2024 08:32:56 PM
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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:29:18 PM
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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:22:18 PM
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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:21:25 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:20:54 PM
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