GREY:INSHF - Post by User
Comment by
Toweringmarson Jan 10, 2020 12:06pm
57 Views
Post# 30539112
RE:Inner Spirit Aims To Reduce Licensed Producer Ownership
RE:Inner Spirit Aims To Reduce Licensed Producer OwnershipWould be interesting to see how they approach this. Be it by asking the LP's to reduce their stake and sell some of their shares, or do an equity raise (likely below market price) to dilute the LP ownership. I would be okay with the second, as we need the money, but thinking (unless they trade it on the ATS) LP's divesting shares the way this trades will be rather bad for the S/P. Its also interesting as before I thought that the 9.9% ownership was for a single LP, and not multiple. Low and behold its LP ownership altogether? I'm thinking theres a few companies out there that may have this issue? Starting to look like the 'Cross-investments' bit them in the rear and wasnt a good idea as originally planned.