RE:RE:RE:RE:RE:Which one of you paid for hire pumpers are dumping right nowJetstream
Thank you for your question. My answer would be threefold:
1) Shares issued were Flow-through shares. T
here is a huge tax benefit to those. $1.28 has a much LOWQER cost, after stripping out tax benefits, of a lot less. In this case, I would say around $0.89 cents (possibly lower as BC has super FT). 2)
It was a unit deal, not a share deal. The warrants with the units have real value and the buyers can get off shares and hold warrants for if TUD ever pops. Its a FREE RIDE!!!. On of things i liked about TUD until Research Capital got involved is that they only issued shares and NO warrants and even going back to early days of the rise in 2019 or so they kept a very tight and short warrant. Worth ALOT LESS THAN TAX BENEFITS, but still worth a dime or more at the time.
3)
For "smart money", what they bought a PP at really has no bearing on what they ultimately sell the shares for. What they believe the shares are worth at any given point in time is what governs their behavior, not some past historical price in and of itslef. Jetstream1281 wrote: The PP price was higher than the current price....can you explain why anyone would sell now?