This happens for shell companies.
Private companies want dirt cheap entries that will result in huge % gains in the long run.
If I knew my tenants were worth a lot of money I would sooner give them to GMN than a larger cap explorer as I can take more of the pie from the get go in this case close to 30%.....
It's a lot easer to get to public funding this way than go through an IPO.
Why did Tim Cameron leave?, page-51
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| Last trade - 12.03pm 08/05/2024 (20 minute delay) ? |
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