GREY:IMRSQ - Post by User
Post by
prairie08sheikon Nov 25, 2010 2:17pm
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Post# 17757965
Drop??
Drop??I thought what happened, then I looked at the company's pricing of shares on the NASDAQ, $5.00 and the Canadian dollar almost being equal, the drop. Probably if they priced it at $6.00, then, the TSE share price would have stayed at $6.00.
A iot of times companies want to float shares, and do it below the current market. However, the ones that already own them, suffer the drop. Lets hope, with the extra exposure in the US, more interest is created.