Aug. 12 at 12:52 PM
$EDSA $ABCL is doing a
$200M raise after a run from about
$5 -
$9. can we just reflect on how wild it is that Edesa did not do this? during a run from
$1 -
$6 the CEO was buying on the open market. the stock then ran to
$8 and
$15 -
$18 and there was no raise. back to
$8. and back to
$5 before a very small PIPE which was again funded by the CEO… Im honestly not sure it is a good thing, considering the company has a financing issue… But it is surely interesting.