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Re: soupbone post# 39188

Tuesday, 09/01/2020 11:51:50 AM

Tuesday, September 01, 2020 11:51:50 AM

Post# of 63074
yes, you're correct for the entry price of those buyer the preferred shares.
Remember, as a institutional investor, that 15$ entry point is to be multiply by 5-10 fold for a potential exit price.
To me then your 0.06 need to be multiplied by 5-10 or a relative value of 0.30 to 0.60$ for the common shares.
so is less then 0.10 a good entry point, indeed