Post by
7Twiggy on Nov 22, 2024 11:34am
ODD BURGER financing
This latest financing at .25 and .30 warrants looks like a smart move to me. Only 32 million shares issued and this will add only 1 million at a level not much less than the stock has traded for in the last few weeks. Usually these type of financings are only open to accredited investors ( deep pockets ). Not sure if this is the case here. Store activity seems to be gathering steam in a number of large Canadian cities. With two new locations in Toronto and Vancouver in the next two weeks. If they ever get those US stores open they talk about in their business plan, it will be a real game changer IMO. At any rate I am here for the longer term and am planning to hold my shares for the long term to see how this ride continues. I love trading warrants so it will be interesting to see if these warrants trade on the open market. I got in early with another vegan play listed in the US. "Beyond the meat" . Did extremely well.
Comment by
7Twiggy on Nov 22, 2024 12:06pm
Made an error on shares issued. Think the total float is 92/93 million