Mongolia Financial regulatory committee approved 1M shares..Strange that no NR posted....STGO ready to go with MSE starting around 1M shares. Means around 1.9M RSU waiting for releasing at MSE. A tip for employees?...funny. Interesting, how they will recognize SP? 1.94? It's really not for investment as they agreed on last webinar.
Additional 1M shares for MSE comparing to around 68M shares IPO at TSX. What happens when supply exceeds demand? Down SP, basic economic principle.
https://thediplomat.com/2021/04/mismanagement-fuels-mongolias-covid-19-spike/
"...Inconsistent policies and double standard are confusing Mongolia’s pandemic response at the most critical time.....There are serious holes in the government’s response, and now the Mongolian people are paying the price.."
Is that sounds same case as STGO. Now TSX shareholders paying for mismanagement STGO...imo