Algonquin Power & Utilities Corp T.AQN

Dilution is imminent

[BSdetector2016]

Why buy now? There is zero reason to buy right now. All these brokerages want in on the action, which is why they are trying to butter-up the market.

[Humanist]

you seem to be convinced bsdetector that there will be dilution at an even lower price, what price do you hae in mind if so.. i am curious glta

[BSdetector2016]

I don't have a crystal ball but given that it is trading for less than where it was over 3 years ago, and that it is in a perma-loser down-trend, the new equity will be issued well-below $14. The brokerages will try to work it down as much as possible too, to make as much as possible with the issuance of new paper. If the asset sales go bad (company can't catch the bid they expect) then

[Humanist]

oh ok i wasn't expecting you to guess but i understood your msg as you had a price in mind, so i was curious.. thx who knows with this mkt no stock is safe.. so many variables are in play ..

[SargeX]

Hey BS You sure are one "sour" investor and you do tend to go on and on. I never could understand why you kept hanging on to ALA even though you hated it so much. Same goes for AQN. As I've said many times, ALA is the biggest disappointment we've ever owned. Cornhole & the boys ruined a great Canadian company by buying a large, bad asset and then having to sell off their

[BSdetector2016]

Not sour, just annoyed. In this market management stupidity gets amplified, and that's exactly what you are seeing here. BoD and Banskota's performance management plan is "forcing" him to do dumb deals. If he persists with Kentucky coal/smoke belch acquisition then I will guarantee some over the top dilution in 2023, especially if this market continues into the sewer.