OTCPK:EMMBF - Post by User
Comment by
ledrogon Jan 05, 2017 7:51pm
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Post# 25673150
RE:RE:RE:RE:emc warrants at 3.67???
RE:RE:RE:RE:emc warrants at 3.67???GMon wrote: Pruneface: I agree with you 100%. It isn't very often that you get to finance a bought deal at 3 Xs your last financing ($1.15). Take the money and do something good with it. It also gives a vote of confidence to Emblem from the investment community. Yes, the SP will move down to the offer price, but it will only be temporary as Emblem starts to move on its business plan.
I wouldn't bet on it moving down.....not saying it won't happen, but I don't think its a slam dunk either, not by any stretch.