Post by
Equity4 on Jan 06, 2021 3:39pm
Not financing...
I sincerely doubt that this halt is on a financing deal, cash is not a requirement at this point as they have $20m cash which is ample for the next 3-6 months.
I would suggest this is an acquisition as the CEO hinted /advised in his last interview that there was lot more coming.
Guess we shall see in the nmorning.
GLTA
Comment by
Finallytherock on Jan 06, 2021 3:41pm
I agree. Financing just closed. Prad said there would be a lot of activity in the first quarter. He had such a smile on his face during some of his interviews. They had a list of companies that they were likely close to closing but waited for the financing to close. Could this be one of the 8 figure deals Prad mentioned?
Comment by
Happytaater202 on Jan 06, 2021 3:44pm
Think so...I hear theres more than 1.
Comment by
ChartGuy88 on Jan 06, 2021 3:44pm
Yup, knowing SHG this is probably halted for bulish reasons. Not worried at all. 1.40 spread still
Comment by
Happytaater202 on Jan 06, 2021 3:48pm
a Hault usually is a good sign!!!..An announcement or some Bullish good news that is imminent or is occurring as we speak this week is gonna be very interesting..glta