You know what Sharkies, I thought about it and changed my mind - you are right, it is BS, they should have let the shareholders in.
Let's recap.This is the chart since then. Spent a lot more time above 0.23 than below it & it hardly seems like IHR are getting a great offer here.
- Last year BS invested $5m at 0.075.
- The following day the price flew to 0.20 (and hasn't been below since); few days later traded at 0.33 and closed at 0.32 (the first spike here).
- I would have thought they'd be able to get a better price than that. There's one year of progress on the board, a number of good announcements, and these new institutions are not bringing the same new exposure & connections as the initial BS chip did. But this is only worth 3x what BS gave them.
- Even if this is the best price they can get, then include a SPP. What does that cost you?
Will there be an Entitlements offer this time, as well? It will be more frustrating if they've "legalled" that away.
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