No statement from anr. No mention ever regarding bk. My oponion is bond holders trying to get anr for free. Hence the shorting. Pure manipulation. Latest co. Presentation looks like an invitation to invest in a company gping thru bad times but tooled to survive. There could be a big surprise soon. And trouble for shorts. Time will tell
yesterday we had market capitulation ( look at the volume)
RSI and macd show positive divergence.
Plus, with 70 mio you can buy US biggest coal producer...I expect a buyout very soon.
Sentiment: Strong Buy
and once they received all the answers they granted 6 more months to reach 1 dollar status within that time frame.
don't you think the nasdaq panel made specific questions regarding dilution and warrants?
try harder shorty
there is an article on SA confirming your calculation,. selling below is stupid plus there is the value of the warrant which should add another 0,35. So the game is, if you are an investor, hold and wait.
1) will HERO become a .pk stock (OTC) or remain a nasdaq listed stock?
2) the debt equity swap will add 1,2 billion to equity. Existing shareholders will get 3% of this equity which for actual float of 164 million shares means 0,219 value per share ?
3) new company will be debt free and will have a book value of 3,46 usd per share?
TIA to anyone confirming, expanding and elaborating.
I can understand you think this co. is dead.
But your actual thinking is flawed.
try with some better topics.