Canada markets closed

Parkit Enterprise Inc. (PKT.V)

TSXV - TSXV Real Time Price. Currency in CAD
Add to watchlist
0.93000.0000 (0.00%)
At close: 03:23PM EDT

Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Aug. 15, 2022.

Sign in to post a message.
  • l
    lee
    anyone know why the volume is so high?
  • S
    Smurf
    New acquisition today:

    Good news:

    Parkit to Acquire $18,000,000 Oakville, Ontario Property
    Toronto, Ontario--(Newsfile Corp. - November 22, 2021) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit") is pleased to announce that it has agreed to acquire an industrial property in Oakville, Ontario.
    pursuant to which Parkit has agreed to acquire 1485 Speers Road, Oakville, Ontario (the "Property") for an aggregate purchase price of $18,000,000, the Acquisition will be completed on or before December 15, 2021. The Property is approximately 101,500 square feet on approximately 6.7 acres of land.
    The purchase of the Property for $18,000,000, subject to standard adjustments, and is payable by the issuance of $1,000,000 of Parkit common shares based on the share price from the prior day to closing, with the remainder of the aggregate purchase price being paid with funds on hand.
    Steven Scott, the Chair of Parkit, stated, "This high quality acquisition in an excellent location follows our plan of adding great assets in strategic locations throughout Canada."
  • D
    Dell
    wow, another big financing, higher price on skinny volume and today an asset purchase from a related party (with exemption from MI 61-101)... nicely done my friends, nicely done.
  • l
    lee
    anyone know whats going on?
  • M
    Mark
    Anyone know why is this rising ?
  • S
    Smurf
    Parkit acquires new Class A warehouse in Ottawa for $13M.
  • D
    Dell
    see the VERY SKINNY volume since the large 25cent financing late last year with a lot of insider participation??? this is being walked up under the radar screen, yes maybe a pump, yes, maybe trying to use inflated currency to buy assets, I can't believe they got a $60M financing done at 95 cents either... but they did... not bad getting 7x value on cash on the #$%$ without either articulating the go-forward strategy or showing consistent execution of this real estate strategy pivot to warrant the premium.... the "market" must have a lot of confidence in this management teams' execution capability.
  • S
    Smurf
    Brake out this afternoon. Anyone with any thoughts?? Wondering if someone knows something everyone else doesn’t :)
  • S
    Smurf
    Interested in taking a position. My only concern is that the only properties they seem to be purchasing are owned by directors/insiders. Does anyone see any conflict there?
  • S
    Stock
    Any reason for this steep slump?
  • S
    Smurf
    Market makers slowly walking this thing down. Wonder if we will see another round of financing?
  • S
    Stock
    hopefully this will move even at snails pace ? What a strain for investors ?????
  • S
    Smurf
    Some volume today National Bank crossing about 400k shares before lunch
  • R
    RaVi
    Why this is rising now !??
  • B
    Bird
    Board announces 5% share buyback
  • j
    jess
    pump and dump
  • S
    Smurf
    Earnings out today. Not much new info. Steady as she goes.
  • G
    Grisly Gus
    Any thoughts in recent developments? New management?