Offering @ $10.60What happens to those who committed to buying shares at $10.60 on Dec 22 but the stock is at $10.00 Will they want to get the price at $10? Will CGC broker representatives try and raise the price above $10.60 in order for TSX to approve it?
Usually people who buy into placements get shares at discount to what its currently trading at as an inticement to get in. Then shares drop to that level initially. My experience. Anyone else have an idea?