The Oreninc Index stumbled after three straight weeks of relatively flat numbers for the week ending February 6, 2014. Total dollars announced fell to $47.6m, a four-week low. Brokered and bought deals were also down, with each having only two deals for $25m, marking four-week lows for both. Maybe the most disappointing news of the week is the state of the five-week moving average, which fell to a 27-week low. With this time of year historically being a very active period, it is a relatively discouraging sign in a market that seemed to be doing better for a while.
Major Financing Openings:
Major Financing Closings:
Oreninc also publishes the Oreninc Deal Log, a daily list of all financing activity in the TSX, TSX-V and CSE 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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