Monday, August 6, 2012

Wee Hur

Wee Hur: No news on stock. However recent trading interest may be related to its warrants which has seen a number of conversions. Wee Hur has a warrant issue which is expiring on 27th Oct 2012 with exercise price $0.20. Approx 43.5m of these warrants are outstanding as of 3rd Aug, slighly lower than 1/5 of Wee Hur's free float. Currently at $0.29 per share coupled with a nearing expiry date, warrant holders are likely to exercise and convert into shares. Any trading done from these warrant holders may result in possible spikes in volume and price.

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