TSXV:RHT.H - Post by User
Comment by
TicTacToon Dec 12, 2020 6:29am
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Post# 32092532
RE:The private placement
RE:The private placementSeriously ? PP at 22.5 cents is miserable but no choice to dot it at low as no money in bank to pay bills otherwise.
Looks equity funding by DOC, WELL and others in 2020, done at high price with lot of cash raised with minimal dilution for existing shareholders.
In case of Reliq, dilution close to 10% for a little $3 millions, almost one quarter of loss.
"The private placement was better than I've seen for smaller companies, and some bigger ones too:"