Post by
retiredcf on Feb 22, 2021 11:56am
Attractive Price
Was a previous shareholder but got out sometime ago, naturally before MOGO began to perform well and the SP took off. But at this point, I think investors are missing the boat.
First of all, this financing demonstrates great confidence from the investment community given that they only first crossed this price threshold less than two weeks ago.
Second, by my math, US$10.10 works out to about C$12.80 yet the SP is well below that. Couldn't resist so just jumped in. GLTA
Comment by
retiredcf on Feb 22, 2021 3:40pm
Obviously the sellers are only focused on today's decline in the price of bitcoin. It highlights the clear distinction between long and short term thinking (and investing). GLTA
Comment by
retiredcf on Feb 23, 2021 9:22am
Not one of my best timed moves - LOL. But I'm patient and management were very smart to nail down the financing at the price they did. Will come back in 6 months and see how we're doing. GLTA