RE:RE:RE:New Press Release - Avalon Announces Non-Brokered Private Placement for Gross Proceeds of up to C$9.3 MillionI can't believe I'm asking for it but it better come soon. Friendly note: Avl 2.0 has not averaged any higher SP that 1.0, even with all the milestones. Rollbacks don't count either. Impact on sp (and now this) should demand clear responses.
"As Kitco notes, share rollbacks are not always cause for concern, and may in fact have only a neutral impact. That’s often the case when a company needs to start listing on a different exchange, whether that means moving from a junior exchange to a more established one, or simply listing in a new location. Companies may make such a switch if they are confident in their ability to raise capital on another market, but need to consolidate their shares to get there. Part of the appeal of a bigger market is greater visibility, and depending on the company, that difference might certainly help its fortunes."