GREY:ARGEF - Post by User
Comment by
billr861on Jul 23, 2018 3:07pm
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Post# 28354598
RE:RE:Prepare for Sub-Penny Coming...
RE:RE:Prepare for Sub-Penny Coming...I hope you're right and we hear about the financing SOON. However, I doubt we will until at least October because of the announced PP. If they get financing and announce it, the share price will rise rapidly. And if they then announce the PP, which will be for 4c or so, there will be an outcry from the shareholders about it and I don't think they want to go through that scenario again. Remember when they announced the French plant purchase and the shares rose and then they announced a PP for a lot lower price and we all blew up? They won't make that mistake again, they will wait till AFTER the PP is announced (Mazen said around 2 months at the start of July so expect it around the start of Sept) So I don't look for any info about the financing until well after the PP is finalized and in hand.......at least a month later putting it potentially into October. Hey, I hope I'm wrong and they announce the financing today.....but I suspect the real scenario that will play out will be as I outlined above.