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clock Created with Sketch. 11/01/24
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Originally posted by coto:
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I actually think the raise will be at this price or greater at a premium. Institutions probably forced managements hand and that’s why it’s a surprise for many in here. The institutions knew they weren’t going to get their target price and amount of shares on market as the price would just keep rising as they accumulated. The best tactic for them is to enter as a sophisticated investor via a capital raise. Likely at a premium since it is still a lot cheaper than what they would pay on market with the current positive trend of this company to catch its peers.
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ah my dear coto lol as the sun will rise in the morning surely you will have your rose tinted glasses on.
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