GREY:NTTCF - Post by User
Comment by
Dcowboy31on Jun 08, 2017 10:54am
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Post# 26340226
RE:RE:Finanancing
RE:RE:FinanancingCorporateRebel wrote: dannyd9 wrote: Now we know why the stock didn't move up on the latest two releases. Investors got word of a financing and sold into the bids in order to have cash to purchase the pp at 25 cents with 50 cent warrants. In the markets, there is always a reason why things seem off. In this case it is now obvious. Not a killer in terms of dilution and i think most of us knew a pp had to come to finanance their growth..still, it sucks if you bought in the 40's.
can you share with us what the larger investment implications would be?
I think that it is pretty good news that the pp was not far off the sp at 0.35. It means that a lot of people have confidence this stock won't be staying at these levels for long.