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InMed Pharmaceuticals Inc INM



NDAQ:INM - Post by User

Bullboard Posts
Comment by kisstopherpon Jun 03, 2015 12:33pm
87 Views
Post# 23793467

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Whats going on here

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Whats going on here
ryanp84 wrote: Blame the company for financing at a terrible price - significantly dilluting the stock, not retail investors. Retail investors shouldnt even have that much influence. Insider and institutional ownership should maintain some stability.


Fair point - This is a typical mistake of inexperienced management. Raise money when the SP is higher even if you don't need the cash at that time. Have cash on hand when the SP is low with no need to finance at the low and dilute even more. 


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