GREY:ABGPF - Post by User
Comment by
Purveyoron Jan 12, 2018 10:13am
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Post# 27341088
RE:RE:Proper Valuation and exchange
RE:RE:Proper Valuation and exchange
It seems to me that it would be in the best interests of all for WWR to promote the future ASAP for the following reasons:
1) WWR is flirting around the $1 mark, which does not help any deal if they slip below and remain sub $1. One of the underpinning benefits of thi deal is the ability to be liquid on Nasdaq. Delisting is not helpful to CSPG
2) A price point at these levels makes CSPG attractive to other potential suitor/acquirers. WWR runs the risk of losing this deal. An acquirer would certainly pony up the $2M to repay in a flash.
Just some thoughts. People can say WWR must wait until the deal closes, but it seems they do themselves a disservice by not promoting this NOW and getting lift on their own SP as well. All boats rise in the same tide of success.