Post by
downwithdotcom1 on Sep 06, 2023 5:48pm
Buying REPSOL assets/bought deal annoucement..
see NR for details ..shares could drop due to the bought detail...see below..dwdc
" Peyto has entered into an agreement with a syndicate of underwriters (the "Underwriters") led by BMO Capital Markets, CIBC Capital Markets and National Bank Financial, for the issuance of 10,510,000 subscription receipts (the "Subscription Receipts") on a bought deal basis, at an issue price of $11.90 per Subscription Receipt"
Comment by
Ganga22 on Sep 06, 2023 6:04pm
Please explain as to why you think share price will drop?