GREY:SYXXF - Post by User
Post by
nostrilon Mar 02, 2015 5:12pm
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Post# 23481706
Capital = Equity = Share issue
Capital = Equity = Share issueThe press release and MD&A talk about the need to raise additional capital, not cash. To me this means they will be placing shares, ie just issuing debt is not going to happen. My concern is that PVE will be the only provider of new capital and he will take a massive amount of upside away from shareholders that do not get to participate in any private placement. With the company expected to become profitable next year, this could be the last capital raise they do. It would be a real shame shareholders get significantly diluted at what may well be the low point for the stock.