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Ann: OptiBlend - US Market Experiencing a Significant Upswing, page-18

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PigsMightFly

7,705 Posts.

2797

28/07/21

13:18

Post #: 54837726
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Originally posted by nursery: ↑

I think they (GS) will be disappointed that today's announcement didn't get a better response, as am I. I had hoped to sell for better than the 2.6c. I think they cried wolf too many times in the past and it has come home to bite them. He may have more up his sleeve, who knows, I can only guess. I wasn't expecting this one. there may be more.

A cash raise at these prices will cause unwelcome dilution and the only way to beat that is to invest more.

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The price has fallen over 97% from the 2008 peak. To avoid dilution those unfortunate buyers may have needed to commit hundreds of thousands (perhaps millions) of dollars to avoid dilution. I doubt any did.

EDE Price at posting: 2.5¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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