TSXV:BTI.H - Post by User
Comment by
prophetoffactzon Jan 12, 2023 11:28am
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Post# 35218507
RE:RE:RE:What BTI Shares Are Worth Today
RE:RE:RE:What BTI Shares Are Worth Today"poof asks why the Midatech stock is trading so low.
Midatech is essentially being bought out by LT and The Placee who will own over 75% of the company."
Midatech put in a walk-away provision and can walk from the financing if Midatech is below $.90. I believe Midatech's CEO said he could have put together a syndicate as an option to the financing with Armistice.
"If the 20-day VWAP prior to Closing is less than $0.90, the Company may terminate the Private Placement without penalty;" Midatech news release