RE:RE:RE:RE:CIBC lowers target to $0.60Considering, Pli has only ever managed about half the forecasted price targets . I’m perplexed
Thinking through this
id say once they start flooding shares via the shelf prospectus even 60 cents will be high !
should happen before the end of June .
The fluff pumpers will try to convince all that the price has stabilized , completely untrue.
discounted offering will be based off this price point and if history repeats 15% min and then
with the markets reaction should land right around that .60
sad and thing is that’s near term ...out of time and cash ... and a maybe schedule for June of next year to get to market ....
oh! There you go 1/2 of projected target ...
totally clear now !
Enjoy your day boys !