InvestorsHub Logo
Followers 10
Posts 641
Boards Moderated 0
Alias Born 06/18/2007

Re: stock investor 21 post# 47017

Wednesday, 07/26/2023 4:06:40 PM

Wednesday, July 26, 2023 4:06:40 PM

Post# of 52297
So far the VWA over the last week suggests the 2 million shares acquired by Apollo were made at .27 - (32%) discount= .1846 which is substantially greater than .136. The point I was making & which was realized by all other readers is that Apollo could have exercised its option in its entirety at a much cheaper price, but, in so doing, it would be flooding a weak shareholder base with worthless shares from a funding transaction with IQST that would not abet the company's plan to improve its balance sheet through inorganic & organic growth. It is on this point, as a profit focused intermediary, that Apollo's vast analytics for its inter-business financial networking is critical in determining whom, how, when, & why it chooses to provide funding services to companies
I've had a great day, so am generously sharing remedial instruction with a widely acknowledged intolerable fool.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IQST News