OTCQX:LVNVF - Post by User
Comment by
Heywood_Silverson May 30, 2019 9:39pm
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RE:RE:Initial take on the merger
RE:RE:Initial take on the mergerSelling at the bottom is never wise, so the stock had an excursion down to 7 cents. When I looked a couple of days ago the ask was at 10 cents. Based upon the merger details Levon stock is now worth 13 cents USD.
Discovery Metals trades on the Grey Market on OTC whereas Levon trades on the highest tier of the OTC. Something has to give, I am banking on the combined entity staying on the highest level of the OTC. You don't want to be stuck in the Grey Market because you never have live and accurate bid/ask spreads on the stocks.