Quote:
Originally Posted by Michael
If It took 18 months to get listed the dynamics of the company may require for the listing price to be above the PP price. If a company did a private placement 5 years ago and is listed today at PP price something would be wrong. Or perhaps they may Increase the quantity of shares for listing to make it worth only the PP price. If that is possible.
|
A price of about about 100-200% increase above PP price within 18 months would have been understandable, but 700% and 1400% (when the price reached N7) are simply outrageous increases within two years.