share price if this trades again Really, can anyone prove of a time where a company that has been halted by the BCSC for actions that contravene the regulations set by BCSC for trading on the public market actually traded higher on opening after a halt.
No.. I don't believe it has ever happened. I can't believe people think this will open the same or higher share price. Stocks like this one has always in the past traded lower after a BCSC halt.
Everyone will want to get out as soon as the bell rings and dump and wait for the fallout. Especially those that are in the money still after the market opening. CTO's scare people; they certainly don't encourage people to invest.
This will fall and fall fast before finding some kind of basement for a few weeks. A 50% haircut from the $1.22 would not be unexpected. 50 or 60 cents might be the new base. Ridiculous assumptions about $3-8 bucks is "blue sky" in an area that will be "grey skies" in winter, figuratively and literally.
BGM will not care about the shareholders if this happens. If BGM has got enough money left and can get some production going; they will be able to survive on the cash flow. They won't have to go to the market to raise capital. This will be all that BGM wil care about.. cash flow. Share price will be an after thought.
We have seen so many examples of this.
Can anyone, anyone show an example that favored a company after a CTO was lifted.
I'll be waiting for an answer.