GREY:DPGYF - Post by User
Post by
mercedesmanon Sep 23, 2019 4:52pm
209 Views
Post# 30156386
I think....
I think....This opens up tomorrow. Closer to .11.
Premium to share price is stated. 15:1 based on .11 average. $ 1.65 once reverse split approved.
Recapitalization offers much piece of mind for shareholders and Mgt. Largest shareholder putting their money where their mouth is. Offset is some future dilution possible via warrants, at $ 2.23 (.149)
Recapitalization should take a good deal of the worry away, and perhaps allow new money to flow in over the next several months.
Guessing $ 2+ in a few months...meaning you're break-even if your average is .13. Still 60% better than today's .08.
Like it. Hope it works.
MM