RE:RE:Trading Resumed, Up 10%! I regret not going for a swing trade in the 1.50's, but there's absolutely no way they went to the capital markets for 20 million and do not plan to do an acquisition.
Yes, there's debt to service, but Paul has stated
over and over again that they are in growth mode, and he's not going to sit on all that cash and just add another Flax for Life. Not a chance.
The financing is stated to close in early March, so maybe an LOI between now and then...who knows.
Padu4000 wrote: I sold at 1.58, bought back in at $1.51 - I'm done until I see it go to $1.20 and then again at $1.00 - I don't believe there will be any acquisitions for at least 6 months - only organic growth.