New Found Gold Corp V.NFG

Is ES happy or sad about the share price?

[shiftyone]

He might be sad. Because his investment is down. 

Or, he might be happy. Because when they need more money,  He will be happy because he will get 20 million shares for $50 million in investment. 

if the price was $10, he would only get 5 million shares. 

I think he is in for the long term. Doesn't care about day to day prices, except the lower it goes the lower price they can do the next financing.  He does have a lot of say into how this company is run. 

to the poster who is mad about people with short positions. Don't be mad at them. They just made a bet and so far they were right.

[Patient1nvestor]

Or he may be the one pulling the strings behind the scenes pushing the share prices down?

[Retiredgeo]

You can only own 20% without special shareholder approval and he already has 19%. The happy people are the potential buyers who see the price falling.  At some point in time someone's price will be met and there will be a big announcement at 4 PM.