GREY:SLHGF - Post by User
Post by
Rc0gburnon Dec 11, 2020 8:27pm
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Post# 32091748
Well Oversubscribed deal
Well Oversubscribed deal
Word is deal was 2x oversubscribed. $12million + greenshoe of 15% - so approx $14million. Now that the brokers are all over this stock and have done 3 cap raises in as many months, they are laser focused. Company has tons of cash, is lean and mean and will be going on the acquisition warpath. Expect M&A and increased revenues/ebitda.
I am very bullish and many have made money here. However... before we get out the Dom, note this vertical run from the lows of Feb/March. Makes sense if we consolidate in the 90- $1.10 range before the next phase of the Phoenix. Be Lucky!