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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: They announced a bought deal today for 10 million shares at $0.80 per share. Beyond the dilution of existing shareholders, what does this mean for the stock? How do purchasers of shares in bought deals typically treat those shares, ie do they dispose of them over time or do they typically establish a long term holding?
Read Answer Asked by Matthew on April 05, 2019
Q: Prometic is refilling an amendment to the BLA for plasminogen in H2 2019. If approved this orphan drug with fast track designation comes with a priority voucher possibly worth 100 million. Lazard has 2 deals to close in H2 as well which depend on approval. That said they need cash badly and announced an eminent debt restructuring. There at 20 cents today. What's your best guess on what happens to the float and share price after this. Do they have to give the company away at these to raise 100 million when possibly 200 million is coming their way this year.
Read Answer Asked by Steve on April 05, 2019
Q: Hello, can you share your thoughts on Medipharm Labs Corp's recent earnings release?Seems to be positive news, good revenue all in the last month or 2, future contracts look positive. Not sure how to compare these financials to other companies like weed or acb, because Medipharm is focused mainly on Cannabis Concentrates. Thanks!
Read Answer Asked by Michael on April 04, 2019