Post by
tacodude on Jan 31, 2021 8:30pm
RE:RE: EFL, PAD silicon anode good complement
PAD up 67% as new silicon palyer, wow!
Comment by
StevePoxon on Feb 02, 2021 11:15am
Regardless of the short term, I read the package that arived yesterday where they seemed to be focusing their eforts on a 4 to 1 or 5 to 1 stock consolidation. This never goes well for the street holders of the stock.
Comment by
FroyleRL on Feb 02, 2021 1:45pm
There is something I don't get about the consolidation threat. Electrovaya may be looking to be list on NYSE and/or NADASQ and they require 1.1 M or 1.25 M shares publicaly held. At the moment they are at 1.32 M. Consolidation would bring them away from this requirement..
Comment by
watch22 on Feb 02, 2021 2:44pm
what? EFL has 136 million shares outstanding... take away the 51 million held by Gupta and you have a trading float of 81 million shares. not sure where you get the 1.32 million? Seems overly precise and precisely wrong...