Post by
Niceneasydoesit on Jun 09, 2021 5:49pm
Stock Offering News
Just out. It was inevitable. We're going to take a hit.
Comment by
Niceneasydoesit on Jun 09, 2021 10:33pm
Dilution and US post close price action.
Comment by
Trendsetter on Jun 09, 2021 10:58pm
Serious damage can be done with $250 mill! Even if the whole ammount were to be priced at $8 its only 31 million shares...in the grand scheme of things given crazy vaulations out there lots of reason to beleive management decisions and spend in near future could easily put us on the high flying radar imo. Worse case scenario we dip to $7 7.50 short term. $20 ++ by the fall.
Comment by
Niceneasydoesit on Jun 10, 2021 7:45am
I doubt your fall projection. There are lock ups that will come due in the fall which may provide added pressure and goodness knows if more deals are to be made. This environment is likely to cause a dampening effect IMO.