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Pastimes : Zenyatta Free Speech Board
ZEN 77.480.0%Nov 21 3:00 PM EDT

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To: NuclearCrystals who wrote (22753)12/22/2018 1:04:36 PM
From: stuffbug  Read Replies (1) of 22811
 
NC, Zen probably received at least $2.5 million from one or more flow-thru funds.
These funds typically raise money in the spring and look to have it all spent before the end of the year.
Short term positive, long term negative.
Look for the funds to dump at some point next year since the adjusted cost base for most of their investors is in the 20 cent range. After-tax break even is under 30 cents.
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