OTCPK:MECVF - Post by User
Post by
Dibah420on Aug 11, 2021 5:03pm
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Post# 33686690
Now we know
Now we knowhow we came down from $14 to $8.
That's some dilution (34.3%). Total new shares 9,752,000 but over 7 m have already been grabbed by the Caisse, FSTQ and Parthenon. That's a good sign making $8 the likely base.
We'll see how the market views this tomorow and how the analysts interpret the deal.
The brighter side is that the co. is focussing on the multi trillions about to be blown on infrastructure. That's a lot of "procurement".
If you have faith in management, and I do, the future (2-4 years) looks good. Hope the Dems don't lose the House in '22.