RE:RE:RE:News releasescougar911 wrote:
everything that was stated yesterday has been expected for 4 months with a small change....doubling the amount of the offering... news, but nothing surprising. Calif is the news we need
MGW is still only worth $70M. ABCN IPO'd yesterday and is currently worth $420M, and all they will have producing for a long time is on 14,500 square feet. No wonder it dropped by 30% right at opening.
I am under the impression that the private placement was holding this back, and now we need to start pricing in future revenue. Great, the price hit 55 cents which is the PP share price. Obviously nobody knows for sure, but I see a lot of ground to be made up. IMO, a news release would be nice but it is not required. Everything is on track.