GREY:CHALF - Post by User
Comment by
campston Oct 08, 2021 10:21am
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Post# 33988253
RE:RE:RE:RE:RE:Private Placement of up to C$10 Million
RE:RE:RE:RE:RE:Private Placement of up to C$10 MillionThere IS bad timing. I understand how pricing works, which is why offerings done when prices are at lows is bad for current shareholders. Issues like this on end up in the hands of accredited investors, which I am not.If I was, I'd pony up for some and all would be good. Don't like December, wait for Jan/Feb. Is the company better than at the start of the year? Absolutely! And let's end the back and forth on this positive note.
Youngcheddar wrote: There is no such thing as good timing. I am guessing just like they have done this year, they are being opportunistic when things come up for sale.
Tax loss selling is about to start now to mid December..never good for stock prices.
Capital raises are done in the context of stock prices at the time of the raise. Warrant prices are set by a standard rule of thumb...35% premium to the price.
There is nothing stopping anyone from participating and getting these warrants through your own broker. If someone is willing to invest money to help a company grow and I am not investing, either because I don't have the money or because I have plenty of shares already, shouldn't that guy benefit if in the long run he helps me?
I think the company is better than it was at the begining of the year. Keep going