RE:That's why they originally priced IPO at .89, is the valuetimewilltell wrote: the thing that really messed up this stock was the 1 for 5 split at IPO, it drove up the market cap and created much confusion. some trading screens were reading a market cap of 450 million!
if this was done on purpose, it worked, but now the over zealous buyers that did not do the math have to pay.
I couldn't agree with you more! The .89 cent per share stock options that management granted themselves the very first day that Tweed traded on the TSX venture exchange should have been a big red flag. Overly zealous investors grossly overpaid for shares of Tweed.