RE:RE:Maximum discount!!I just checked... I saw the same thing too. $6.50. Looks like that's where we'll open in up for starters Monday morning. LOL!! :) Looks like this was already planned ahead of time. No matter, minimum dilution and share price should recover quickly. We now have some heavy hitter investors and a seal of approval recognizing NTAR's potential and some of its market uniqueness.
Cheers!
PR
madhunky wrote: BrandNewIdiot01 wrote: I think this just means that come August 17, the shares will be issued at a minimum value of $6.47. Even if the stock is trading less than this, at the time.
Im hoping the amount of shares will be disclosed tomorrow. There value will be determined Aug 17.
i personally hope the new investors triple their money.
I don't know man, but all I can say is when I checked my portfolio a couple hours after close on Friday, my brokerage was showing my Nextech shares were down $1.10 from $7.60 to $6.50. I was shocked to say the least. Like WTF happened? The stock isn't even trading, so how can this be? I tried phoning the brokerage to find out what happened but nobody home at that time. Listening to todays interview and Evan talking about a 15% discount, that's almost exactly how much my shares dropped, so I guess that's probably it. But on Friday already? Give me a break! Did this happen to anyone else? I'd like to know.