TSXV:GDNP.H - Post by User
Comment by
dileas48son Dec 01, 2020 9:55am
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Post# 32008589
RE:RE:Will be a stock issuance
RE:RE:Will be a stock issuance If we look back to the last PP at $0.14 the stock price did hang around there for a while, but that issue was also done at around $0.14 (ish). Imagine how those investors feel today!
Shortly after it closed, along with the debt closure, the preview of results, and the Flax for life deal the stock price took off.
I'm going to say a PP will be priced around $0.53, with warrants in the $0.70's. The question is how much, and is it tied to something else?
jermoguy wrote:
So if, say, they issue shares at 48 cents, then inevitably the stock price will drop upon resumption given that it was halted at 59 cents?