Re: TSX Venture Daily Bulletin - re: Placement
in response to
by
posted on
Apr 30, 2011 09:34AM
Number of Placees means the number of entities (individual or corporate) that participated in the PP. This works out to an average of $500,000 or 370,000 shares/placee. This is bullish IMO. Very seldom (if ever) have I seen a financing with that high a participation average.