Energy Summary for Nov. 12, 2014
2014-11-12 20:45 ET - Market Summary
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This is the second time that the anonymous Business Reporter has taken a jab at Seven Generations price performance while ignoring the 2 for 1 share split the company did in fall 2014 ahead of the IPO. Hence the $40+ grey market price is equivalent to a current price of $20+, so a grey market investor at $40 is actually up money at today's price of $22.51 if they still held it rather than being down 50% as you imply.
see here for more info, hopefully you can correct this mistake before your next piece on them: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/seven-generations-energy-plans-1-billion-ipo/article20358874/#dashboard/follows/
Posted by JB at 2014-11-13 14:31
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