TSX:GMP.PR.C - Post by User
Post by
harrywooon Jan 10, 2018 10:03am
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Post# 27322230
Blockchain
BlockchainA few weeks ago I listed out some of the deals GMP had done in the blockchain space. One that I didn't mention was Blockchain Power Trust. They have closed a $43mm deal, done at 7% commission and 7% broker warrants, and GMP was lead. So the firm probably made close to $1.5mm in commission, depending on how much of the deal they had, but even more valuable in a lot of these smaller deals will be the broker warrants, if the markets stay strong those will be hugely profitable.
GMP also did a filing today which showed around 40,000 shares being repurchased right around Christmas for prices between $3.18 to $3.44.