RE:RE:RE:My take on upcoming Q results I think you're right Club. I still don't like the idea of being diluted Though when the R/S is done we'll then I'm ok, for raising equity. I'm with you 100% though like you say, only if the cash going towards LDT repayment.
clubhouse19 wrote: I would not be againsts that an equity offering be made after the RS if that money is used to reduce the debt as it could be conceivable that the institutions may very well go along with that .
It would not change fundamentally the book value of the company but may very well put the company in a better light.\
Raising funds with the present share value and float would leave IMO most institutions queezy about getting involved.
Just my thinking..
Of course may put a damper on the chronic shorting presently occuring.
PabloLafortune wrote: Fundamental problem the last 10 years is the annual interest cost. While its counterintuitive, raising equity would cause the share price to rise.