Nouveau Monde Graphite Inc V.NOU

Is it only me smelling a R/S 3:1?

[blueblack]

I think they want it down to around $ 1.60 before the R/S of 3:1 . That would put at at $ 4.80 a share above the $ 4.50 required for the NASDAQ reg. I beleive.

Anyone? Maybe I am wrong !!

B.B.

[Fastvinny]

That sounds about right.  my guess would be that's the smallest they would go to. 1/3 or 1/4 are both very likely. i doubt the 1/2 ratio i would like the 4 number though...imho... We will see , first they need approval etc....

[LoudMime]

I agree. i think 1:4 or 1:5 is minimum... it wouldnt make sense to just meet the requirement knowing a slight swing in price could put you in hot water to get delisted.

[ifront]

Hello, It is why they need to have several NR in the pipeline right after the approval to make the price jump in a secure area.  ifront

[2001MSKZG]

...while at the same time drive focus and increase awareness to uplifting/ new venue... should be a flurry of activity April- June 

[Birdpro]

take GPV.V as an example, R/S and US IPO at same day, before the R/S,  the MM walked the GPV from $2 to $3.$4. and they did R/S : 7:1. to $28 CAD, US liting price was $20USD.  I guess US listing should be over $10USD( to be safe), if we stay at $2 CAD, we need to do a 7:1 R/S.  If the MMs can walk us to $3-$4 before R/S, we can do $20USD listing, and R/S 7:1.( if we at $4), 9:1

[Birdpro]

In this case, before US IPO day ( same day as R/S day), NOU should have very good news to make sure the share price as high as possible.