Q: Dear Peter, First of all, thank you for your stock analysis on Amaya, and thank you also for your patience in answering my (our) questions. I am learning, but slowly, I know.
Question: you have said in a couple of places that Amaya is going much higher, but I can't tell if you said that after the roughly $14 closing price yesterday, or after the roughly $20 opening price this morning. (I now see--even more clearly--why you don't like price targets.) But i don't know what the shares in the bought deal being priced at $20 means, if anything, for the future. I have seen stock prices sink below the bought deal price with several companies. Thanks again, and cheers.
Question: you have said in a couple of places that Amaya is going much higher, but I can't tell if you said that after the roughly $14 closing price yesterday, or after the roughly $20 opening price this morning. (I now see--even more clearly--why you don't like price targets.) But i don't know what the shares in the bought deal being priced at $20 means, if anything, for the future. I have seen stock prices sink below the bought deal price with several companies. Thanks again, and cheers.