GREY:CHALF - Post by User
Comment by
stockcharacteron Apr 29, 2017 1:10pm
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Post# 26183018
RE:RE:60M$CAD projected for 2017, current Cap at 27.64M$CAD
RE:RE:60M$CAD projected for 2017, current Cap at 27.64M$CADSo you 'agree' market cap is over $100 million after acquisitions? Thanks thats mighty charitable of you! this board is total sh-t right now.
VitalityNow wrote: What I find hard to believe people who think the stock price should be higher immediately after funding closes.
GLH themselves believes the stock should be where it is because that is the deal they made for the funding, per page 27 of the most recent presentation.
If we think there will be a violent shift in direction then we believe the people who made the deal on GLH behalf are idiots. How can I say this? Because it will mean they gave the stock away at too low a price.
Yes I agree with NBN that the market cap after the deal is over $100M. There will also be 347M shares out there to dilute the market cap to where the stock price is today.