GREY:PGDIF - Post by User
Post by
cudjoon Feb 20, 2018 11:24am
98 Views
Post# 27587442
discounted rights offering
discounted rights offeringif management is seriuosly thinking about another rights offering, a little promotion, lets say at PDAC, would help, maybe, lift sp up to the 17/18 cents to try and keep it at a dime again? If that is the plan, or going it alone was always the plan, pretty short sighted to forget about all those millions of dime shares in the float. Is this destined to be so bloated it will never float, and dont forget that doing rights is not dilutive, lol, just dont tell everyone. Price wise, this is looking very weak, and "the market" is expecting hundreds of millions more shares shortly IMO, good luck.