GREY:PGDIF - Post by User
Comment by
mill44on Jun 06, 2018 4:21pm
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Post# 28135051
RE:RE:10% for $50mil?
RE:RE:10% for $50mil?Not if it's just business. PGD will be issuing rights if there is no deal, which means that there is a decent chance for anyone interested to pick up 10% of the company for fractions of the 50M. 300M shares were issued through rights at 21 and 10c, picking up 40M under 17c is very possible if new rights are coming. PGD will be in constant need of money, the shareholders need a permanent solution to that threat to stop selling. But if they can find a friend to bail them out without taking advantage of them, it is possible. Although when it comes to money people want the best deal for themselves, so don;t count on it.