Post by
Dibah420 on May 09, 2024 11:25am
NA: SELL?
The responses from Lion's management were not sufficient to reassure investors and financial analysts. On the Toronto Stock Exchange, at the close, Lion's shares dropped 8.4%, or 12 cents, to trade at $1.31.
“Due to the high risk surrounding liquidity and timing regarding FTCZE, we are changing our recommendation to [sell],” writes Mr. Merer, in a note sent to his clients.
Mr. Nerer's advice, a day later, might prove to be expensive