Thursday, June 28, 2012

Censof Warrants Issue


Well, i'm still holding to half of Century Software shares and finally the announcement of warrants issued is out, with a 46 cts of exercise price, premium from the current mother price. I don't exactly understand what this meant, therefore i might need some explanation from some seniors out there, on what to expect from this particular counter with such an announcement, as i have managed to cut loss partial of my lots about a week or two ago. And the other half more is kept for the warrants issue announcement. 


Looking at the support level now @ 0.39, also today's closing. Will it head up after the announcement of this? It came tumbling down after hitting 0.45 level on 19 June 2012. 

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