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you dont' have a clue what's going on here, do you?
this is a "no brainer"!!!! Do the math!!!
dropped to the level it did because of the drop in commodity prices, first, but secondly because of the offering at .37, which is widely...
Ya that is part that scares me. 100 000 shares @ 0.37 = $37 000 100 000 * 0.075 conversion = 7500 shares $37 000 / 7500 shares = $4.93...
Whatever the share price is after the merger, mostly dependent on how CEX.v is being valued.