RE:RE:RE:ANother offering for DFN i see.
I think there is a missunderstanding on the ATM program. It does NOT mean the company can sell its shares in the Market everyday!
It means that a large investor or brokerage house can offer a financing "at the Market Price" and the company can skip the detailed and costly filing of an Offering Memorandum document that is normally required.
That is why when they anounced it, they declared the trading prices the day before that was closer to the 8.15 price for A and 10.15 for preferreds.
They only time there is a difference between the preferreds and commons is when they offer a retraction and more of one is offerred than the other type of shares.