GREY:SYXXF - Post by User
Comment by
CHINVESTMENSTon Jun 16, 2015 3:30pm
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Post# 23836673
RE:RE:Management What are you doing??
RE:RE:Management What are you doing??Ok let's say you exercise your rights and buy at the dicounted price which is basically the share price right now. What happens if the share price doesn't go up for a few more years? Is it really worth it? What happens if you own close to a million shares such as myself? So I double down to cover my as..s and there's still the chance that management sells the company for peanuts. How is it clever to dilute your share price at an all time low? If they attracted investors and then diluted the share price in the 20-30cent range that would of been a lot smarter. Issue less shares and get the same amount of money. They issue shares to raise money. It doesn't help investors at all(unless they use the money to grow the company). It deteriorates your investment so you can double down and hope for a share price rally. It's a slap to the face for shareholders but good for newcomers if the share price actually goes up.