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Re: RangerPete post# 8888

Sunday, 04/19/2020 5:01:55 PM

Sunday, April 19, 2020 5:01:55 PM

Post# of 18454
Ranger - no. around 70million of the Trulieve shares are locked up and do not trade yet. So right now the SP is based on 35-40million float available to trade. May 25 11m will be unlocked and July 25 55 million more will be unlocked. You can read the press releases about this. The cost basis average is way under $1. When the last unlock happened in August 2019 with way fewer shares it drive SP down 25% for two months.