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matt24d

07/24/14 4:38 PM

#319980 RE: kajulie #319979

Interesting. Would not shock me if they announce another big contract soon. Their last Q was very nice and their guidance for next Q was even better. This company to me looks cheap. Its one of the few times where issuing shares actually makes total sense with the way their orders are starting to take off.

matt24d

07/24/14 4:41 PM

#319981 RE: kajulie #319979

The halt would not be due to the offering would it? That would not make much sense.

matt24d

07/24/14 4:49 PM

#319982 RE: kajulie #319979

I am showing the halt came before they announced the offering so it looks like it was halted for the offering. That is a little crazy but what ever. I have never seen a stock halted for doing an offering.

$oldier Hard

07/24/14 5:32 PM

#319990 RE: kajulie #319979

DRWI, Yes, hmmm. Looks like they requested a halt. Maybe so it doesn't tank so quickly. Now I see that they have also filed a shelf registration for $80 mil as well. But the initial news I saw was for C$21.5 mil? Looks like it got a T-3 resumption of trading at 16:50 hrs but was halted 58 secs later and is s till a T-1. Not holding so will keep an eye on it for awhile. Off to the gym.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10109195
http://finance.yahoo.com/news/dragonwave-inc-announces-proposed-public-201759454.html