To: molee who wrote (636) | 1/10/2020 4:17:42 PM | From: StemuliteWorks | | | Yes, Molee.....But I would not read too much into it....
This was their commission.....Stock closed up on increased bid/ask after several large trades.
One trade was 100K. You know as well as I do how thinly this stock is normally traded.
A) trades that size should not go through without severe up or down side movement
B) Expansion of the offering by a considerable amount
Tells me totally orchestrated......Lets keep an eye on the insider trades.....Wonder who the buyer was? |
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From: StemuliteWorks | 1/10/2020 4:23:19 PM | | | | Canaccord Genuity Wealth Management (“Canaccord”) will act as placement agent for the Offering. Inventus has agreed to pay Canaccord a 6% cash commission, and 10% broker warrants on the Offering. Each broker warrant will be exercisable into a Unit at $0.105 per Unit for a period of one year.
web.tmxmoney.com
Wow, second update.....Something is up..... |
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To: StemuliteWorks who wrote (637) | 1/11/2020 1:00:34 AM | From: molee | | | RBC Capital Markets was the buyer of that 100k block .
I just get sick of all the "back room shenanigans" that go on in the market ...
I am hopeful that the drilling at Sudbury 2.0 this year will bring us some nice share pricing . |
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To: molee who wrote (639) | 1/11/2020 9:56:52 AM | From: StemuliteWorks | | | They were the Market Maker that handled the transaction.....Lets keep an eye on the insider reports, I bet the ultimate buyer was someone we know ie Spears, Sprott, McEwen.......
I hear your frustration regarding shenanigans, this is anything but.
How many times do you see an offering get expanded twice like this.....There is some very strong interest here. |
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