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5.0¢ hygrovest limited

Ann: Harvest One Closes C$25M Placement, page-61

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23/02/17

21:03

Post #: 22859252
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Originally posted by serge83 ↑

The reality is this extra dilution would have happened one way or another because MC is a big dollar investment business. Canadian LP's are raising mega dollars all the time and investors lap it up because they know the end game. At the end of the day Harvest One were able to raise at 75 cents per share and raise 22 million dollars. MMJ haven't been able to raise at anything over 24 cents so far so talk about dilution. They are now fully funded for the first phase of expanding Duncan with 11 million dollars to spare.
In reality they were never going to be able to compete in Canada whilst being listed in Australia because the investment community here just won't put up that sort of money for cannabis.

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Once those warrants get exercised, MMJs holdings will be nearing 50% which may send some over the edge in despair.

MMJ Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $10.51M

Open	High	Low	Value	Volume
5.0¢	5.0¢	5.0¢	$7.655K	153.0K

Buyers (Bids)

No.	Vol.	Price($)
1	73327	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	12920	1

View Market Depth

No.	Vol.	Price($)
1	31830	0.048
1	106000	0.047
1	60000	0.045
1	1	0.043
1	22580	0.041

Price($)	Vol.	No.
0.052	12920	1
0.054	332989	2
0.055	35075	2
0.056	274049	2
0.058	17840	1

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