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Message: Duck
Do you really think it would go to that price. It might, but it may also hold it's current price of around 1.90 .I say this because if the original equity issue price was 1.70 , then a 20 percent (or even 15 percent) discount from today's price would put us even below the equity issue price. What I don't like (and don't understand) is how the company (management) can come out and offer an equity issue at such a discount to what the market had been pricing OPTI at over the past couple of months. It really makes me very suspicious and angry. Nonetheless, I believe we'll see a rebound after the dust settles to around the 2.40 dollar range (sorry, my dollar key is not working). Does anyone agree, or am I missing something.
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