OTCQX:PMULF - Post by User
Comment by
maypeterson Apr 27, 2018 3:18pm
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Post# 27952011
RE:RE:RE:from news release apr 24
RE:RE:RE:from news release apr 24Even though I agree with you not sure how many times you have seen a bought deal way above market price unless it is a massively transformative accreative deal. There is a reason the bought deal is below market price to entice investors to buy into the bougth deal. Also the underwriters can buy the overallottment and make money if the share price moves up within 30 days. CHECKMATE77 wrote: I have held RUf fir a number of yrs- I dis sell into the suggestion of offer, rethought and bought back in
one reason is that if deal does not go through the company has said that the offer is too low. Thus they cannot have another dilutive offering under the price they say is too low
it always pissed me off with new shares offered below market price , it woukd take a year or more to get back to the price before the issue