GREY:PGDIF - Post by User
Comment by
mill44on Aug 16, 2017 3:25pm
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Post# 26588992
RE:2.334 million shares
RE:2.334 million sharesI am happy to hear that, Cudjo. That's a good thing. It can only help the SP, will not hurt it. Those shares are already sold and the SP is still above the rights' price. Now they will be bought back or covered with the new shares. If bought back, that's buying pressure. If they are covered with rights, those 10c shares just turned into 13-14c shares by the short.