OTCQX:NTGSF - Post by User
Comment by
dollardazeon Nov 01, 2017 2:03pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
84 Views
Post# 26889237
RE:RE:RE:RE:How much new money...
RE:RE:RE:RE:How much new money...I agree that the presence of those 20 million warrants at $0.21 exerts a downward pressure.
In looking at the financial statements there were 81,049,610 shares outstanding as of Mar 31, 2017. Using the 52-week high of $1.95 on Feb 13, 2017 the market capitalization of GPY was $158,046,740.
Today, we have 94,068,210 shares @ $0.70 giving a market capitalization of $65,847,747
This represents a drop of 58% already. A number of good news events have occurred since Feb 13th. Has the risk been priced in?
Are we at the bottom?