GREY:LGLTF - Post by User
Comment by
letsgetreadyon Jun 20, 2015 9:05pm
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RE:RE:RE:RE:RE:RE:One Year Target
RE:RE:RE:RE:RE:RE:One Year TargetInternalAudit68 wrote: They said as little dilution as possible, which should mean non-convertible debt instruments or maybe preferred shares with a decent dividend rate. LOY has never paid any dividend so not sure if preferred shares will be acceptable to the participants.
In any case, a thriving company with diluted shareholders is better than a bankrupted company. :)
I think doing a preferred share issue may be a little tough for a company in LOY's position. Might be wisHful thinking.