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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

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Post by tiger6301on Nov 16, 2020 1:51pm
759 Views
Post# 31907633

Reverse Split

Reverse SplitWill do harm than good for the company.  Yes, 800M shares are high, it's not ridicularly high, if you compare TSX stocks with Australian Stocks. Some are really penny stocks with B shares.

Glecore is holding about 200M shares, so the actul floating is only about 600M shares.

With Zinc at 1.20/lb, lower ALL in cost, positive cash flow, paying down debt, TV's SP will be up.

I don't expect there will be reverse split in 2021.

tiger
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