GREY:JGFCF - Post by User
Comment by
Steve888on Oct 18, 2016 10:34am
159 Views
Post# 25355528
RE:Private Placement...
RE:Private Placement...Totally agree. For a PP, the share price has to be raised to reflect its true value. This may be why the bids at 0.005 surged up to 5 millions today.
carlx wrote: "consider financing alternatives including a rights offering or private placement." A rights offering is fine, but a private placement is wrong, unless done at a price much, much more higher than the current price of the stock as it does not reflect the true value.