Post by
DoumDiDoum on Nov 20, 2024 10:10am
Merge Offer Price Now At 8.2 Cents A SGNL Share
Down from 9.2 cents. Not that it will change the number of NEXG shares each shareholder will get if the deal pass, but it's certainly means the valuation today is 1 cent less than when the offer has been proposed.
With all the dilution after (I calculated an extra 60%), existing SGNL shareholders are being stealth big time IMO.
Comment by
andre171 on Nov 20, 2024 11:32am
The price trend is negative for NEXG too, and has been going downhill since April, while the price of gold has risen sharply and management is presenting us with a very promising situation. So why is this?