RE: RE: Ok here is my suggestion for financingHey Mates,
I still would recommend a debt issue over equity dilution. "Facts" idea of a rights offering to existing shareholders has merit, although maybe a 10 year convertible debenture paying, say, 4.5%, with conversion to rights based on a set timeframe and conditions, including early conversion at the behest of MPV management.
Dilution would be negligible, thus minimizing upside resistance to share appreciation, while still providing full funding for MPV's share of construction.
Something to add to management's strategy options!
Cheers,
Brit