GREY:AZNVF - Post by User
Comment by
ompong12on Nov 02, 2020 10:24am
123 Views
Post# 31822452
RE:Oversold and due for a bounce
RE:Oversold and due for a bounceadding more shares today...easy double up from this level.
Time4ADouble wrote: Put Last Mile Holdings MILE.V *ON WATCH* MILE is oversold having dropped from a 52-week high of $0.87 to $0.02. One desperate seller has caused the decline, giving people an easy opportunity for a double or more.
MILE just raised $7.8 million at $0.075 two months ago so it's not going bankrupt. Investors today are getting a 75% discount. This includes a purchase by Chairman Louis Lucido who bought 29.2 million shares for $2.2 million in this private placement. Lucido is a founder of DoubeLine Capital, a $148 BILLION dollar investment firm. So he has plenty more cash to buy up more shares at these cheap prices.
MILE is undertaking a strategic review due to the MULTIPLE inquiries it has received for its undervalued assets.
$0.02 is a steal. Expect a double or more in the coming days.
Oct 27 -
Last Mile Holdings Ltd. ("MILE" or the "Company") (TSXV: MILE) (OTC: AZNVF), a leading micro-mobility company with the broadest product suite in the industry, has retained the services of a leading corporate and financial advisory firm to explore and evaluate several strategic options to further enhance shareholder value. MILE's decision is in response to ongoing discussions with certain potential strategic partners who have expressed an interest in transacting with the Company. "The Last Mile and Gotcha Mobility businesses are undervalued assets, which collectively have the potential to realize material returns on investment through our existing growth strategy as well as additional strategic partnerships," said Last Mile Holdings CEO Max Smith . "The Last Mile Board of Directors has engaged a leading financial advisory firm to evaluate select alternatives with the ultimate goal of maximizing value for our shareholders." Latest 10 SEDI filings for MILE within the last 6 months
Amended Filing
As of 11:59pm ET October 28th, 2020
Filing
Date | Transaction
Date | Insider Name | Ownership
Type | Securities | Nature of transaction | Volume or Value | Price |
| Aug 24/20 | Aug 21/20 | Lucido, Louis | Direct Ownership | Warrants | 11 - Acquisition carried out privately | 29,204,167 | |
| Aug 24/20 | Aug 21/20 | Lucido, Louis | Direct Ownership | Limited Voting Shares | 11 - Acquisition carried out privately | 29,204,167 | $0.075 |