GREY:LFDEF - Post by User
Comment by
NowDone21on Apr 04, 2018 8:43pm
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Post# 27833061
RE:RE:Stock Price When the Deal is Final?
RE:RE:Stock Price When the Deal is Final?2 weeks is a very unrealistic timeline. According to TSX rules conditional approval for hardship exemption is only done after 5 business days from the press release that they are asking for it. So it will take until next Tuesday to get that done. And after that they will open the private offering up and god know how much time it will take to close that. Not really sure if anyone will be interested to but this now at all. For backstop commitment they will probably need to do another offering or maybe insiders will sell their stocks but that will take time as well.