GREY:ARGEF - Post by User
Comment by
grammaduxon Feb 28, 2017 1:19pm
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Post# 25906392
RE:RE:RE:RE:RE:RE:RE:Not the $11M??
RE:RE:RE:RE:RE:RE:RE:Not the $11M??Guys I'm pretty sure this is USD When only $ is used this always refers to USd even for Canadian companies, check their other news releases, when they meant CAD they also stated that Also all other costs and prices Argex has provided so far was USD. So 0.054USD is around 0.07 CAD In my experience this is a standard market deal for a junior. It is indeed common to close a PP below market price, what else would be the incentive for underwriters then to get it cheaper than market price. It would be stupid to buy into a PP if I can get shares cheaper at market. So please don't spread false info here. I consider the quarter warrant better than market average which is rather around half a warrant or a full warrant per share. Look up other juniors pre production to have a better understanding.