Post by
Don2018 on Mar 29, 2019 11:03am
You just got screwed
Existing Shareholders will own approximately 16.5% of the common shares of Bellatrix
Comment by
TouchDown12 on Mar 29, 2019 11:14am
Where does it open? What is 16.5% of latest book value divided by outstanding shares? Anyone? TD12
Comment by
ariesleaf on Mar 29, 2019 11:49am
Existing Shareholders will own approximately 16.5% of the common shares of Bellatrix . How many share's would that be. We get Dilute more and who knows by how much.? Not knowing this any one buying more would just be throwing good money after bad. If your a holder of this for a long time you would never get back your return.
Comment by
alkhor on Mar 29, 2019 11:53am
I for one will be voting against the screwing of existing shareholders. Shame management forgets they are working for the shareholders and not themselves.
Comment by
backforty on Mar 29, 2019 12:28pm
Yes, they just preserved a few more years of bloated salaries and bonuses for the executive suite. Their AGM circular should be coming out soon so let's see if they believe their "performance" was worth a bonus.