GREY:PGDIF - Post by User
Comment by
mill44on Oct 06, 2017 10:46pm
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Post# 26788610
RE:RE:Ideal PGD scenario
RE:RE:Ideal PGD scenarioA few things to point out before drawing parralels:
West High has 55M shares, "suppressed price" in its case was a 4 year high and 50% from 10 year highs. This year it has trippled its SP.
If you meant that low share count and interest in the company would be the ideal scenario, you are right. PGD had that and went from 20-30c to 4-5$ even without a takeover. Today, PGD trades close to its all-time low and it has a share count that is 4x what it was 4 years ago. All that because of the pricing of the 3 rights offerings.