OTCQX:GTBAF - Post by User
Comment by
Goaweighon Oct 30, 2019 8:02pm
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Post# 30289386
RE:2.0M FT Shares Coming Free on the 4th of November...
RE:2.0M FT Shares Coming Free on the 4th of November...Thanks for the reminder, we have some warrants expiring in December too.
As more and more Institutional investors start to get their heads around todays news and this play in general, we'll need extra liquidity to help meet demand and as it's unlikely we'll be financing anytime soon, the free trading flow thro and expiring warrants could help.
With only 42,000,000 shares issued of which maybe 10,000,000 are available at any given time, if even that much, any big buy orders will move the stock higher pretty quickly.
We need a catalyst and todays news may be it although with such a short trading day it's difficult to know.
Sometimes it takes a day or two for the wheels to start turning, analysts to analyse, news letter writers to write etc.
We'll see but I don't think there's anything in that last release that implies the stock is a sell that's for sure.