RE:RE:NEWS - CRAPPY The sale price of stock has information but little bearing on current stock price evaluation. Today’s price is more likely a combination of shorters, investors holding for Bill C-45 news (which if it passes will bring some more stability to LP stocks) and low volume with volatility.
You really are looking at that information the wrong way, the important information is the excise price itself and the difference in their value. 1,430,000 units at about $0.587…. for a total of just under $840,000. That can only be sold when the stock price is above $1.20 for $1,716,000 value or the date passes Mar. 2022 for current market value. But the key is only sold if these situations occur, you have to see it in this light. GEM global just bet $1,716,000 dollars that our price will hit $1.20, they stand to loose $840,000 if this doesn’t occur. But to me this stands stronger then an analyst setting a price only putting their name behind it.
Also since it does get asked a lot $876k is a lot of profit for an $840k “loan”. But if you could buy 1 house at X price. Now you get to live in that house and not make any payments. And the bank only removes X+Y value when it hits that value or a date occurs and it can reclaim what value is left. Most people would probably take that over loan payments as you have no liability unless things go well. This isn’t a perfect example but it explains the benefits of this style of “financing”.