PINL:GRPOF - Post by User
Comment by
Jgrodychon Feb 21, 2018 5:44pm
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Post# 27597889
RE:RE:Wait! Is it board full of shooters now?
RE:RE:Wait! Is it board full of shooters now?Can you explain how Echelon benefits from the SP being lower right now? Isn’t the bought deal price locked in for them at this point? I would understand if they were shorting well above $1 and then using the bought deal shares to replace those shorted shares at $1 each, but what’s the benefit of it being low now that they have their deal?
I am long and have no intention of selling for many months or years - just curious!