Simple logic on 48 April 2017, a share placement to sophisticated players/ institutional investor at 1.5c a share for 200M shares. I guess at least part of these sophisticated players/ institutional investor would be smarter than you or many of us.
Why they jumped in at 1.5c a share? That is on expectation of a MM deal.
Meanwhile, it is clear that the MM sector is booming now. CAN now is already 4 times of its IPO price and with an equity value of well over $100M even without any revenue.
And now we got this MM deal, what would you guys expect?
GLTAH
Simple logic on 48 April 2017, a share placement to...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)