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Re: FUNMAN post# 1354

Wednesday, 05/23/2018 4:50:45 PM

Wednesday, May 23, 2018 4:50:45 PM

Post# of 2611
Company needed to "discount" shares to $11 to make sure buyers made some money. Think we will see some back and forth trading between $10-$15 over the next three months. Company did well filling up war chest when the appetite for new shares is good. If market was not doing well the offering could have been at much lower price to offset the risk.