OTCQX:BALMF - Post by User
Comment by
flycrazyon May 02, 2020 11:12am
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Post# 30979300
RE:The biggest problem with WM is their
RE:The biggest problem with WM is their Horsey7 wrote: bloated outstanding share position which will be approaching 3/4 of a BILLION shares when this deal is done. How do you spell consolidation? Even Sprott isn't stupid enough to continue to finance something that share heavy.
I feel like part of the "#metoo" movement with this deal.
Horsey
Share count is irrelevant. It’s the market cap that matters. If they did a reverse split you’d more than likely see the value drop. Happens most of the time. WM has stated they have no plan for share consolidation. Sprott doesn’t care about the share count