InvestorsHub Logo
Followers 3
Posts 464
Boards Moderated 0
Alias Born 06/04/2012

Re: None

Thursday, 12/06/2012 10:37:04 AM

Thursday, December 06, 2012 10:37:04 AM

Post# of 163719
There will most likely be an IPO of shares offerred in conjunction with the FN listing. Right now, I would guess something like 20 million shares priced at $.5o or the equivalent amount of Euros. That is why the current price seems to be hovering around $.50 cents. The bet among the MM's is that they shouldn't pay up for shares now when it seems a safe bet that the price will be set in Europe in a few months.

At least the IPO dilution will take care of the financing shares needed for next year, and further dilution won't be necessary.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.