sharetrader
Page 2 of 12 FirstFirst 123456 ... LastLast
Results 11 to 20 of 115

Thread: Greenfern

  1. #11
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Private Universe
    Posts
    5,853

    Default

    https://www.nzx.com/announcements/380882

    Due to commence trading on the NZX on Thursday 21st Oct 2021.

    'Reference price' $0.25

    Disc: not interested
    om mani peme hum

  2. #12
    Member
    Join Date
    Jun 2016
    Posts
    485

    Default

    Shareholders have purchased shares worth $1 in the first round and $2 from the second round onwards. 25cents listing means a straightforward loss to them .. or am I missing something here…

  3. #13
    Legend
    Join Date
    Dec 2009
    Location
    Everywhere
    Posts
    6,924

    Default

    Quote Originally Posted by Snow Leopard View Post
    https://www.nzx.com/announcements/380882

    Due to commence trading on the NZX on Thursday 21st Oct 2021.

    'Reference price' $0.25

    Disc: not interested

    Nor me - not interested either

  4. #14
    Senior Member
    Join Date
    Oct 2019
    Posts
    597

    Default

    They probably need more cash.
    Wait a month or two. Then there will be a cap raise for 15cents. Feel sorry for the people that Brought in on this so early

  5. #15
    Legend
    Join Date
    Dec 2009
    Location
    Everywhere
    Posts
    6,924

    Default

    https://www.stuff.co.nz/business/300...at-25c-a-share

    Taranaki-based medicinal cannabis company to list on NZX at 25c a share

  6. #16
    Member
    Join Date
    Jun 2021
    Location
    thames
    Posts
    59

    Default

    Quote Originally Posted by carrom74 View Post
    Shareholders have purchased shares worth $1 in the first round and $2 from the second round onwards. 25cents listing means a straightforward loss to them .. or am I missing something here…
    Does it have to mean it's a straight 1 for 1 deal? I mean if the initial shares were $1 each can that mean instead 4 shares are issued to that holder for each 1 of the original shares held when they are listed on NZX?

  7. #17
    Member
    Join Date
    Jun 2021
    Location
    thames
    Posts
    59

    Default

    Email from greenfern "One question we have been asked is around the 25c share price which will be quoted upon listing. Essentially our current share capital was based on a $2 per share price. We have increased the number of shares in the company by 8 fold by doing a 1:8 share split. An example of this is if you previously had 1000 shares held with GFI, after the split you will now own 8000 shares at a value of 25c per share."

  8. #18
    Member
    Join Date
    May 2012
    Location
    Hamilton
    Posts
    52

    Default

    Today’s email from Greenfern said the listing involves a share split due to more shares being

    One question we have been asked is around the 25c share price which will be quoted upon listing. Essentially our current share capital was based on a $2 per share price. We have increased the number of shares in the company by 8 fold by doing a 1:8 share split. An example of this is if you previously had 1000 shares held with GFI, after the split you will now own 8000 shares at a value of 25c per share.

  9. #19
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
    Posts
    4,411

    Default

    Quote Originally Posted by Baaarney View Post
    Today’s email from Greenfern said the listing involves a share split due to more shares being

    One question we have been asked is around the 25c share price which will be quoted upon listing. Essentially our current share capital was based on a $2 per share price. We have increased the number of shares in the company by 8 fold by doing a 1:8 share split. An example of this is if you previously had 1000 shares held with GFI, after the split you will now own 8000 shares at a value of 25c per share.
    Although not interested in this share, too many coming on to the market now, I wonder if there is an embargo for the current S Hers ?

  10. #20
    Guru
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    4,854

    Default

    Quote Originally Posted by whatsup View Post
    Although not interested in this share, too many coming on to the market now, I wonder if there is an embargo for the current S Hers ?
    Proposed listing date is Thursday. NZX, New Zealand’s Exchange

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •