I hope they don’t raise at a discount to the usual mob of brokers. It creates a relentless wave of supply as the shares are subsequently flipped for quick profit. We’ve all seen this happen before with this stock.
Couple of million may not seem like a lot but demand is thin and it may take a long time to for the register to soak it (not criticising the recent announcement, just my opinion based on previous behaviour and experience)
Ann: Western Canada Power Projects and China Update Presentation, page-5
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Mkt cap ! $29.00M | |||
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