Post by
4ME2URUSTUCK on Jan 21, 2015 2:33am
New Rating For T. GXI
JAN20/15-GUESTLOGIX INC.
Cantor Resumes With a SELL Rating, With A New Target Price of .40c CA.
Comment by
oddcrowd on Jan 21, 2015 5:56am
40c. That would give a market cap of 53m of which 41m is made up of OpenJaw debt. The original business was in excess of 30m a year back would then be valued at around the12m point. I'm not an expert, just an observer so DYOR
Comment by
Royal10 on Jan 21, 2015 11:17am
Not surprized by this action from CANTOR, since they were not part of the Syndicate of distribution for the last Offering of Subscription receipts. Does anyone has the view of NAT.Bank, CIBC, Beacon, Canaccord, etc. who were part of the Syndicate?
Comment by
oddcrowd on Jan 22, 2015 9:31am
I could only guess their view is the view of a syndicate who are slightly annoyed at the moment.