I find it hard to believe the company would intentionally place stock to holders that could potentially sell it down, kill the sp till the point that the options do not get exercised??
Unless they are so confident of the success of this well they don't care...
Some will say it is only 41 million shares and the market can absorb it...true.
The problem is in today's modern market people over look the domino effect of a sell down and the stop losses that can get triggered..
GDN Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held