OTCPK:NWKRF - Post by User
Comment by
deeton Feb 12, 2018 4:06pm
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Post# 27546882
RE:RE:RE:HIP, Very Quiet!
RE:RE:RE:HIP, Very Quiet!VeritasVern wrote: News to be released will be confirmation of the closing of the recent bought deal financing which is expected to close Feb 14. "The closing date of the Offering is scheduled to be on or about February 14, 2018". This might add a bit of a bump up in price but this news is like to be already factored in to the sp. Negatively affecting the price is likely the fact that the option to to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Units at the Issue Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering - will not be taken as the current market price has been $0.95-1.20.
Talk about freaky trading. Never seen anything like it. I just purchased 10,000 shares of HIP at 100-share increments at a time (every 10 or so seconds). It took about 5 minutes. Weird!