TSXV:ORC.A - Post by User
Comment by
cybercanuckon Oct 11, 2020 1:51pm
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Post# 31702609
RE:RE:RE:RE:RE:RE:Evolution
RE:RE:RE:RE:RE:RE:EvolutionLets assume there is another $50 million SIB forthcoming $7.50 -$8.50
$50 / $7.5 = 6.7 million shares absorbed
Overhang from previous SIB .... 11.04 million shares
6.7 / 11.04 ~= 60%
It would appear that this SIB might be prorated at 60%