Re: PyroGenesis Announces Upsize of its Previously Announced Bought-Deal Short Form Prospectus Offering of Units to a Total of $12 Million...

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Poetech2

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Re: PyroGenesis Announces Upsize of its Previously Announced Bought-Deal Short Form Prospectus Offering of Units to a Total of $12 Million...

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Re: PyroGenesis Announces Upsize of its Previously Announced Bought-Deal Short Form Prospectus Offering of Units to a Total of $12 Million...

Tim in Vancouver

posted on Oct 16, 2020 11:38AM

We are anxiously waiting for announcements of contracts that would lift the value of our holdings.

Instead, the price plummets 10%, due to the lower valuation of those Units (plus the benefit of the warrants) from this bought deal. That valuation seems way too low, considering the consistenly over $4 share price from the past 100 days (not to mention extended period over $5, even $6) .

Not the type of news I was and I believe most shareholders were hoping for...

What can we do? still hoping that this is a short term setback to help propel the price even further in the grand scheme of things.

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