GREY:WSLFF - Post by User
Comment by
forfunon May 23, 2019 5:24pm
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Post# 29769315
RE:RE:RE:Shorts Have Covered
RE:RE:RE:Shorts Have CoveredSkyman wrote: forfun: Westleaf is already trading at an all-time low. The "previous low" shown on the chart relates to a different company called IGC Resources. IGC was a dormant shell with no assets, occasionally trading at 1.5 cents per share. The company was rolled back 29 shares to 1 when Westleaf purchased the shell for just less than one million dollars in order to gain a stock exchange listing. So 1.5 cents x 29 shows up on the chart as 43.5 cents as the "previous low." But Westleaf has never traded at that price since beginning trading at $1.75.
Thanks for the clarification. I quickly looked @ 52 week and should have put 2 and 2 together. Even more alarming now. I wish Management would release some type of info? An update... ?