Greenlane Renewables Inc T.GRN

Alternate Symbol(s): GRNWF

Energy Technology

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.

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Greenlane Renewables Inc > Greenlane Renewables Announces Exercise of Over-AllotmentOpt

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Comment by miscstuffon Jan 26, 2021 6:20pm

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Post# 32392143

RE:RE:RE:RE:Greenlane Renewables Announces Exercise of Over-AllotmentOpt

jboom70 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.

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