$Torchlight Energy Resources(TRCH)$Ok. The market doesn’t make sense for this shareat the moment. 

If I’m not mistaken, TRCH will cease to existafter the merger and all our share will be transferred as MMAT. 

If that’s the case, TRCH should be worth thesame as MMAT. But right now TRCH is trading at a discount to MMAT.

What the hell is going on?

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  • SugarUAENA
    ·2021-06-23
    would not be surprised that merger MAYBE a fake news..
    the natural worth of TRCH was like $1.30 I think, and you saying after merger the price gonna jump to $9.00. at most give you 1:7 or better deal
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    • CIA76
      It was more of an RTO than a merger. But its completed as of last friday.
      2021-07-07
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    • newbietrader
      i mean you have to take into consideration the natural worth of meta since they are the one holding 75% entity of the new ticker tho o.o
      2021-06-23
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  • breezywind
    ·2021-06-23
    there is alot speculation gg around. the new share take on trch trading price and not mmat price. correct me if wrong and refer your source if any. i cant see from anywhere except comments.
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  • newbietrader
    ·2021-06-23
    welp panic selling xD one sell all sell. one jump all jump
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  • joeboh
    ·2021-06-23
    is it the hf still shorting it and shake out the papers hands so that they dun need to pay dividends?
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  • EugeneJD
    ·2021-06-23
    TRCH will not worth the same as MMAT. nobody know what will be the price after merge
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  • joeboh
    ·2021-06-23
    it's becos of the dividends I guess
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