Post by
sandysouci on Dec 08, 2020 3:38pm
my guess is a financing between $6.00-6.25
... I get caught in (too) many of these, and it's always a ~10% drop...
maybe this time will be different, but I doubt it
Comment by
tamaracktop on Dec 08, 2020 3:42pm
Probably halted at the company's request because the company sensed there may have been a leak. The stock was $6.87 bid when it was halted. I doubt it's a financing. Could well be, but I doubt it.
Comment by
Fislan on Dec 08, 2020 3:47pm
stock halted could be due to many reasons. I doubt it's the uplisting as it is public knowledge. Could be financing but doubt it given recent discussion with tier 1 banks. Could be M&A news. Could be a major contract with a significant entity. Can't wait to find out and hopefully continue the moon shot.
Comment by
bcsc on Dec 08, 2020 4:00pm
Given the recent announcement of the Shenergy deal, I wouldn't think financing is required at this point. But .....
Comment by
tamaracktop on Dec 08, 2020 4:01pm
The eventual uplisting may be public knowledge but the timing of it isn't. Absolutely they would halt the stock for that kind of news because the stock will gap higher when it comes. Much higher.
Comment by
robert41 on Dec 08, 2020 4:06pm
how about a buyout $15.00 a share :) seems reasonable.
Comment by
ddogold on Dec 08, 2020 4:16pm
Ha that would be something . Either way it’s good . Even with a financing it will represent a buying opportunity . Although depending on the terms the shareprice could still shoot up , like what happened with Exro .
Comment by
robert41 on Dec 08, 2020 4:20pm
yup and mmed is another... financing announced the other day at $1.90 today 3 bucks and all they do is try and make magic mushrooms fix depression or something like that...Can xbc be like an enbridge in 10 or so years with a nice fat divi?
Comment by
trek01 on Dec 08, 2020 4:35pm
What would be the reason to do financing before moving to tsx?
Comment by
savyinvestor333 on Dec 08, 2020 4:31pm
Not always TT KNT released this morning that they are moving to TSX tomorrow and it ended up flat. PYR and ATE our both down since the move to the TSX
Comment by
ferret_ca on Dec 08, 2020 3:57pm
I agree with this guess, but will change the pricing a bit to $6 max but most likely somewhere between 5.75 and 6. jmho cheers and gl ferret