Ivanhoe Capital Acquisition Corp. Warrants each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per... IVAN.WS

Energy Financial Services

Ivanhoe Capital Acquisition Corp is a special purpose acquisition company that targets companies in the supply chain from the mine site to the end-user of electrification products and services, including in the transportation, e-mobility, electric propulsion, battery technology, and storage sectors. These include companies exploring for mining, processing, or refining metals necessary for electrification; and manufacturers of battery and battery components, electric grid component manufacturers, and producers of electric vehicles, parts, and battery storage.

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Ivanhoe Capital Acquisition Corp. Warrants each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per... > More proof of the uselessness of consolidations

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Comment by BearBullBrianon Dec 16, 2013 5:08pm

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Post# 22011417

RE:More proof of the uselessness of consolidations

CORRECTION:

Like many share issue before it, and as I wrote here at the time, Ivanhoe will return to the price it was at when the shares consolidated. Companies in decline that have been reduced to penny-stock status do this so they can take more money from the share-buying public before they fail. As a general rule consolidation is the first step in a company's decline to zero. Stay tuned.

BBB

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