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Silverstar Holdings Ltd - Commo Message Board

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  • rexobXIP rexobXIP Dec 9, 1999 5:37 PM Flag

    Profit Taking or End of the road

    Lphl currently owns ~59+% of LP (81% of the
    remaining 73% not sold)-- that would go up to ~67% if they
    exercise their 10 mil option. That potentially adds
    another 20 million in value or about $4 per share. Not
    factoring in the warrants, that is $30+/share. How many
    warrants are outstanding, and have you factored in the
    cash generated when they are exercised?