GREY:CKNBF - Post by User
Post by
netstarson Mar 07, 2001 6:27pm
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Post# 3438023
Yorkton top seller in February and March
Yorkton top seller in February and MarchYes, folks. Yorkton, lead underwriter of the financing, is also the highest net seller of CIC shares in the month of February and so far in March. Wonder if that activity has anything to do with the TSE limit on Private Placement pricing, i.e. max of 25% below market.
You can't do a private placement at $12.50 when a stock trades at $30.
What's a poor boy to do?
Best regards.