AwesomeBought financing deals always come at a discount to the underwriters. Isn't it awesome that a young promising company such as Avigilon can raise over $100,000,000 just like that; with no interest, etc.
yes, it does dilute the outstanding shares...but who cares? They are growing! They need money to feed the fire. Cisco, Microsoft, etc., don't have 34 m shares...do they?
Avigilon has already demonstrated their value by the trajectory they have plotted. They want to be a global leader in this growing explosive field....they can't do that without making bold moves such as this. The acquisitions they have made and are going to make, will be well thought out for strategic advancement and growth of market share.
The only thing we as investors have to contend with, is the next inevitable bear market.
Casey