RE:IAnthus has low capstructure why recent increase in volume . Agreed,
However, depending on the financing, if its a debenture, sometimes they are done at a premium of where the share price is sitting.
i would assume that we should hear from IAN in the coming days.
Looking at management profile, i would assume it will be a decent raise.
guerreiro wrote: (QcTrader) My take on the offering, it will be done in my opinion at $2 to $2.10. Someone has dumped more stock in the past 5 trading days than it has traded all year and the stock keeps going down in price but holding around $2 at the close. Could this be a pre-paredness for the upcoming offering. The strategy could be, to Dump their current portfolio holding shares and pickup the offering shares plus free warrants for free for the same price. ( it's the possible game and commonly done). Let's hope the offering closes before the upcoming AGM, Nov 14, 2017 with major announcements made on the future of this companies growth direction. Do Your DD