TSXV:NSP.H - Post by User
Comment by
PruneFaceon May 01, 2019 3:38pm
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Post# 29696689
RE:RE:RE:Financial Statements and MD & A available on Sedar.com:
RE:RE:RE:Financial Statements and MD & A available on Sedar.com:'Shortly after the PP was announced I sent my cheque/paperwork in for the cash I had available for the 1st tranche. If I can accumulate more cash, I will participate further as long as the PP remains open.'
Just curious but why would a person participate in a PP which is obviously having trouble being filled, has a four month hold and is at $0.14 when you can buy it on the open market for a dime or even less? Yes you get the warrant but the SP has to more than double before exercising at $0.21 makes sense.
This PP is also the latest in a series of financings at continuously lower prices. Is that not troubling?
There was just not enough in the Financials to blow my hair back on this one, even at a dime.
Good luck.