GREY:VITFF - Post by User
Comment by
Swingandmisson Aug 12, 2021 5:09pm
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Post# 33698190
RE:RE:RE:RE:RE:RE:RE:Interesting read on Victoria
RE:RE:RE:RE:RE:RE:RE:Interesting read on Victoria I agree. Slam said that Orion did not just gift the shares over to Coeur, but had a plan since the beginning.
I agree it now looks like a deal was struck with Coeur early on. That may also explain the significant drop in their share price as well. Market anticipation for heavy dilution of their shares as it will most likely be some cash and lots of shares
I just can't figure out how letting the stock go back down to $13+ where Orion sold will benefit shareholders (John owning 1%)
maybe someone on this board understands this better than me, but why would they make an early deal in the $20+ range while then letting the stock sink before its announced? Any ideas would be appreciated.