The Oreninc Index dropped for the two holiday-shortened weeks ending January 2, 2014. Total dollars and average deal size stumbled lower than any level previously in 2013, and there were no brokered or bought deals in either week. While obviously not an encouraging sign, the fact that these two weeks included three non-trading days explains the poor performance for the most part. Expect this valley to rise at least a little as we head into 2014.
Summary (for the week ending January 2):
Major Financing Openings (for the weeks ending December 26 and January 2):
Major Financing Closings (for the weeks December 26 and January 2):
Oreninc also publishes the Oreninc Deal Log, a daily list of all financing activity in the TSX resource sectors. Visit http://oreninc.com to see which companies and sectors to watch. Oreninc also writes custom reports for companies on effective capital raising strategies to help companies maintain long-term shareholder value.
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