RE:RE:RE:RE:RE:TD Waterhouse CommentsThis is a direct quote from the financials the. Share count going up by 25% would imply a market raise of 67 million shares. The same amount they raised for the merger. Not going to happen. That's also not me saying it's not going to happen. They have said that for 3 quarters now. They will go to the market for hybrid raises. Their debt will be reduced this year without any market raise and without a hybrid. Hybrid are usually 50% debt the dilution will be minimal from the drip. They say decline in EPS due to Depreciation not dilution perhaps you got the words messed up.
"net income applicable to common shares for the period was $174 million ($0.64 per share),"