Looking at GROY this am. I no longer own it, but it is getting crushed in the premarket, down over 15% and showing no signs of life just yet.
They did a $30M bought deal financing. More dilution of course.
Royalty companies are usually very solid, but GROY is so small, it seems to have a hard time getting anyone to notice. Dilution for these small shares is such a killer.
RGLD down a couple bucks premarket, but I can’t tell if that’s just a bad trade premarket. I’d guess so.
The dollar is set to open below the 50.