the only hit so far is to shareholders pockets
wait for next Tuesday when they issue 24 million new shares and 2 million more to the directors
I’ve said before that my guess is once issued they will announce an acquisition of a uranium play and try to create some excitement and a brief spike to allow all the ‘sophisticated’ placement buyers to sell out at a quick profit
leaving the ‘unsophisticated’ existing and new shareholders holding the baby.
they don’t seem in a hurry to announce do they? My guess they announce within the next couple of weeks, maybe end of next week.
I could be wrong so let’s see how the next few weeks play out. But normally the same story for lifestyle companies
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the only hit so far is to shareholders pockets wait for next...
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