OTCQX:VLNCF - Post by User
Comment by
Capharnaumon Jun 09, 2022 1:06pm
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Post# 34744240
RE:RE:RE:Nasdaq Delisting
RE:RE:RE:Nasdaq Delistingmesa1 wrote: Another consolidation would be counter-productive given there's only 80.6m shares outstanding. Of course an equity financing to raise, say $50m to clear off debt and add working capital, at say $0.75 with a warrant (just a hypothetical example people, don't read anything into this) would increase the share issue by 67m shares to about 147m shares and of course way more fully diluted - something a Nasdaq market marketmaker and institutional investors may appreciate for liquidity. That would likely mark the start of a new bull market for Valens taking the immediate stress off the table and position them for growth and additional market share gains. JMHO
Fundamental Data - VLNS
| Security Type | Equity |
| Shares Issued | 80,544,674 |
| Market Cap | 71,685,000 |
| Year High | 10.53 |
| Year Low | 0.83 |
| Annual Earnings/Share | -1.12 CAD |
| P/E Ratio | -0.794643 |
I was just answering the question. That said, considering the current market cap of $70M, a $50M share issue would represent enormous dilution. They probably should look to sell if that's the only solution.