GREY:TRIAF - Post by User
Comment by
larsen6on Sep 18, 2012 10:56am
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Post# 20379523
RE: RE: RE: RE: RE: RE: financing $2.55 NR
RE: RE: RE: RE: RE: RE: financing $2.55 NR The deal was not fully subscribed until after the market opened. Pretty sure that they are just clearing up the details before trading starts at $2.56. Argh.
If there was an offer on the table, I don't see why the company would issue more paper at $2.55 to dilute the price. It would not be gentlemanly to push a potential buyer by issuing more shares - this would only peeve them off.
Would love to be wrong, but I fully expect TOL to be trading before end of day.
Larsen6