Post by
doggiestyle on Apr 18, 2024 1:16pm
How does this price make sense?
Why is this stock trading at .68 cents when there is a bought deal for .62 that INCLUDES a 24 month warrant at 80 cents? This either one of the most incorrectly priced bought deal i have seen or there is rampant speculaiton in this stock that isn't really warranted.
Comment by
evilballs on Apr 23, 2024 9:32am
It's a horrible bought deal. Even if you pretend those warrants are just more cashed up shares.... its still a .68 cent deal. Hard to ever trust management on this again. I might come back, but right now the stain management has caused its hard to ever put more than a speculative position on this stock again no matter how derisked it gets.