RE:RE:RE:ATM for MayIn my opinion, don't you feel sorry for all the retail investors that get dumped on by their own company? And dilution is not less when the sp comes crashing back down with millions more in the float, just crowds the pool more. I wonder what happened to undrawn credit, maybe the bank withheld those with some special conditions?
Method wrote: Sales are limited by percentage of volume and volume was highest when the stock was at the highs so that should be expected.
Also, it is a nice move for the average shareholder if they get the highest price because there is less dilution.
i hope they are still using the ATM this month. They need $100m for the FIRE.DB. $1m/month is a drop in the bucket. Every dollar helps.
watchmeplz wrote: In my opinion, it's funny if your check the avg share price the only possible way the company raised that at such a high average is to be dumping right on the peak of the run up, May25. Nice move for everyone but your average shareholder. Seems like they need more cash and working on the same move today.
Method wrote: They filed the ATM on SEDAR for May. Raised almost $1.1m.
Good for both equity and debentures, I think.