RE:RE:RE:RE:Greenlane Renewables Announces Exercise of Over-AllotmentOptjboom70 wrote: You are assuming that GRN's worth has stayed the same.
I believe we now hold a larger piece of a much larger pie.
I agree that the pie is larger, but your percentage share is 14% smaller. I hadn't realized how far the price had come down since the PP announcement, which explains the increase today, like so many other stocks.
Market cap a week ago :106.7mil shares @ 2.84 + $26.45mil cash (from the PP) /122,860 mil shares tomorrow works out to 2.65/share. Just about where it ended up.