GREY:DPGYF - Post by User
Post by
maldwynon Sep 24, 2019 2:31pm
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Post# 30159994
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ReactionThe market reaction seems neutral to slightly negative. This matches RBC's reaction which downgraded the target SP to 0.15 from .20 (still double the current price FWIW).
Using BXE as an example of what will happen post-consolidation I would expect the SP to resume it's downward trend. This is because the market is valuing the company near zero and won't give it credit for non-zero per share improvements.