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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Post by Scorpio2on Jan 04, 2017 6:16pm
293 Views
Post# 25668109

What's Going on With the End of Day Price?

What's Going on With the End of Day Price?Something funny going on here that we need to monitor. There is the possibility that the price at end of day is being capped with MOC orders. I am speculating that Lundin (most likely) or someone else could be lining us up for a takeout and they are keeping the price down. Lundin's got the $350mm revolving credit line and they will have the money ($1.136 billion) from the Tenke sale supposedly early in the first half of this year. Lundin's market cap is $4.8 billion so it wouldn't surprise me to see them do a half stock/half cash offer at some premium to the current price and sooner rather than later as the price is ready to go on a run. This would be consistent with the fact that Lundin is very shrude. They buy low and sell high. This stock should be way higher than $1.12. I don't like the way they deal though as I went through this when they tried to take "under" Fission Uranium with Fission's management being offered nice management jobs. It was disgusting. Thank god, that never went through as it bordered on theft from the shareholders.
Bullboard Posts