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kijfish

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kijfish

Re: None

Tuesday, 03/19/2019 5:51:12 PM

Tuesday, March 19, 2019 5:51:12 PM

Post# of 192106
Seems like folks are talking about two different things as if they were one. The way I see it is like this.

Public offering to raise 20 million dollars to complete the SC acquisition. Suppose for ease of numbers the offering price is $10. Verb sells 2 million shares which is added to the float.

If we opened on the Nasdaq tomorrow morning the price would open at $13.20. The same as the close today. Those investors who bought into the offering would have gotten a nice discount of $3.20 per share. Then the pps goes wherever the market takes it on Nasdaq.

Am I wrong?
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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