Post by
Smiles62 on Jan 24, 2023 8:03am
Financing
So they will keep depressed until that date, 31 Jan.
Comment by
Smiles62 on Jan 24, 2023 9:33am
Obviously we are not invited to this indecent party. :)
Comment by
Smiles62 on Jan 24, 2023 10:26am
They are controlling their financing premium. Got some at 0.81, selling at 0.91
Comment by
Royal10 on Jan 24, 2023 10:31am
You're too pessimistic! There is almost half a million shares traded this morning and the new issue is for 3.3 million shares. I expect the closing to be very early and followed by a strong rebound well over yesterday's closing price. The buyers of the new issue must wait four months before selling! This is a buying opportunity! So I added to my position today!
Comment by
Smiles62 on Jan 24, 2023 12:19pm
I am not one bit pessimistic, I bought at 0.81 remember? Wish I had more cash on hand I would buy more. There is a good chance that we will not see these prices again, only the financiers can benefit. We get the crumbs. How does that work, who gives them all these shares? Allocated by the company? If so, will we see $3M worth of it trading at this level?
Comment by
Smiles62 on Jan 24, 2023 12:23pm
Ok I just saw the other NR, about the pricing at 0.83. Nice gift (premium) ! :)
Comment by
Smiles62 on Jan 24, 2023 2:32pm
Bought another 1K. I'm dumping ARWY for NTAR.