RE: RE: RE: RE: 90% down in 3 trading day and... at the same I don't understand why they are raising at 10 cents per share? I read the release and it says:
The Equity Offering is for new shares in the Company with no nominal value and an accounting par value of CAD 0.10 (the "Shares") with total gross proceeds of the equivalent of USD 250 million, and with a subscription price per Share to be determined by the Company's board of directors on the basis of a book-building process.
So, 10 cents is only accounting value and many companies use very low accounting value for shares. The key thing is that per share price is to be determined still.