Indiva Ltd V.NDVA.H

From the CEO site - FYI

[HARJAY]

@anomalloy "In our estimation, it was a clear indicator that certain cash-challenged (ie WEED ) operators are taking advantage of the current exuberance to raise additional capital. And with many MSOs currently facing the same low working capital predicament, the raises are making price point sensitive investors wary on where to purchase equity. Specifically, dilution concerns tend to crop up when companies within an industry opt to raise capital by issuing new shares, whether through secondary offerings or private placements. Such dilution can be of worry for investors, especially when the capital infusion is substantial or is anticipated to be needed multiple times within a relatively short period. As a result, it exerts downward pressure on the stock prices of these companies. This apprehension can then ripple out to affect the wider industry as investors take a step back to reevaluate their positions".... https://thedalesreport.com/trends/canopy-growth-columbia-care-capital-raises-put-the-brakes-on-msos-rally/?_thumbnail_id=7496 credit @Zeusmith for the find

 

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19 Sep 2023, 18:20

[irinka37]

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