RE:SPFYI >>> A company didn't invest 51 million dollars at $3.00. This 51 million dollars worth of stock was sold as a new issue, where brokers across Canada push it on to retail investors for a nice kick back, often sold to mom and pops in their retirement accounts. The underwriter does not invest the whole chunk. They are just coordinate the new issue for a fee. Once the stock is sold they don't care if the company sinks tomorrow. They made their money.
Rockstock15 wrote: When a company invested $50 M with SP @3 they are not fool to invest sich huge capital on Namaste. A 700M company with strong catalyst it should go way up then 3. Investors show trust. I talked with Kory and we had detailed conversation about company future plans to grow. I must say very very impressive!! Just a matter of time it will be way up.