Orbite Technologies Inc EORBF

Your Thoughts on another equity financing

[rory17]

I would like to know what the posters think the possibility of an equity financing happening in the near term.

Do you think it is a possibility of happening? Does it make sense if a large or several large institutions like the Caiise Populaire and others wanted in based upon ORT's recent solid news and the fact that they are getting much closer to production? We all know that it will be the big boys who eventually drive ORT's share price  higher. The latest number I have seen says that institutional investors and most are on the smaller side in terms of size hold about 25% of ORT's shares. If it did happen they would price the issue at probably a 5% discount to market. If it did happen I would expect ORT to move much higher. Look forward to hearing what you think on the subject. IMO