GREY:IVITF - Post by User
Post by
TheActuaryon May 08, 2017 5:03pm
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Post# 26218114
IMH Private Placement
IMH Private PlacementI find the PP price a little bit too low but my guess is that there is a good deal coming and he didn't want to miss out on it. The dilution is only for a maximum of 18.5M shares if it's oversubscribed. To go back around $1.65, the private placement has to be oversubscribed so big investors show confidence in this stock. BOL