Thank SS.. That's interesting. So all these years CLAD was trading in limbo with an incomplete merge hanging over it? That's an insane B/A, but it seems CLAD hasn't traded much over the last 5 years. This FCIC shell is one of the cleanest, I hope they can deliver something that's transparent. So far, there's been really nothing released out of the new management. Still the price action & volume today, and really since the 4/27 awakening has been good. We shall see where it goes. Market cap at $5.9M
SSP Monday, 07/26/21 02:46:06 PM
FCIC is replacing CLAD, CLAD has hit 19 bucks before, is at 4.26 / 175.00 (1 x 1)current quote and has 14,845,619 sOut, FCIC has 3,461,022 sOut.
The way I see it, FCIC is headed higher than CLAD prices.
Do you by chance know what was the market cap CLAD was able to achieve at that $19 price point you mentioned??
As it stands, we're seeing FCIC at $7.4M & am wondering where clad reached comparably. In all likelihood, FCIC is in far better position as the entity would be more seasoned at this point. If I took the numbers you gave it would be around 282M, but not sure if new shares came into the picture after the $19 peak...Thanks in advance.
SSP Monday, 07/26/21 02:46:06 PM
FCIC is replacing CLAD, CLAD has hit 19 bucks before, is at 4.26 / 175.00 (1 x 1)current quote and has 14,845,619 sOut, FCIC has 3,461,022 sOut.
The way I see it, FCIC is headed higher than CLAD prices.