TSXV:NYX.DB - Post by User
Comment by
maypeterson Apr 04, 2016 9:22am
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Post# 24726961
RE:Sold their souls to get the deal done
RE:Sold their souls to get the deal donewould be indeed though I am sure when they started negotiating on the PP - the price could have been lower than $3.25 (maybe $3 or $2.90).
Either way the underwriters will make out as bandits. CEO owns 35% of current float so I would assume knows what he is doing.
May turn into a decent buying opportunity because traders or short term investors may sell out