Post by
AUborealis on Jan 26, 2021 11:40am
PP strengthens the Balance Sheet
going into the NASDAQ listing.
With Revenues to come shortly thereafter.
Could be the last time any shares leave the Treasury other than for options and RSU/DSU's.
And given the proverbial 'wall of cash' coming in the out-years one can fully expect to see a NCIB plan put in place to start retiring shares back into the Treasury.
All good.
Comment by
wintersun10 on Jan 26, 2021 11:56am
There will be many more financings in Poets future. Just for working capital to run a big time company and on and on. However the financings will be stair step higher, so nobody really gets hurt too much...