Post by
helpline88 on Jan 12, 2021 4:48pm
$.20
The stock has been trading in this narrow range around $.20 whch makes me think they will do a PP at $.20. At $.20 they would have to issue a lot of shares (diluting) if the PP funds were going to be used to move the project forward. Alternatively they could just raise enough money for their basic needs to just carry on. Either choice is not attractive. Puzzling the stock is trading so low.
I guess we wait and see.
Comment by
Swl1896 on Jan 13, 2021 12:27am
This is the regular pattern for FEO. Unfortunately, I think they will raise funds soon. Maybe 10 million shares at $0.20, possibly 20 million shares. I am always hoping that FEO could charge ahead before dilution kills my investment. Hope doesn't fill my coffers.
Comment by
LionWhisperer on Jan 13, 2021 10:16pm
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