GREY:DLTNF - Post by User
Comment by
Jordan1203on Jun 24, 2020 11:21am
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Post# 31185810
RE:RE:RE:RE:RE:RE:KABOOM! Ontario
RE:RE:RE:RE:RE:RE:KABOOM! OntarioAt this point I am almost certain it's the debentures.. pretty sure management bought a large % of the debenture offering and started short position at 1.20 all the way down to 40c range.. common strategy is to immediately hedge and go short on debentures when u buy..Interest payment is due In the next few days. Wouldnt be surprised if SP settles at 60c then announcement is made to allow conversion @ .60c following payment of interest... National bank owns huge chunk of shares, debentures, warrants....Coincidentally John III worked for this bank prior to starting D9...Hmmmmmmmm.....settling those debentures @ 60c would increase % of inside ownership which we all know they love. That 1 million share transaction from cannaford that killed the rally a few weeks back went to national bank 2...HMMM... coincidentally knocked the SP back under 60c.