GREY:PGDIF - Post by User
Post by
mill44on Dec 08, 2015 5:08pm
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Post# 24366667
Rights
RightsWhat's with the discussion about the rights for the Friedlands? They, like everyone else, get a free right for every share they own. No mistery. The rights have been posted on SEDI for days.
Now people are expecting good news, saying that the company would not have risked issuing rights otherwise. That's cool because up until now it was that they had to, they could not risk bad news before raising money and so on. There goes the only excuse they had for the timing and the price.
Either way, you saw the NR. Robert increased his position by 4% at very little cost. They also made sure that people are not going to go crazy and raise the SP towards 60c if the numbers come out nice.