GREY:TRIAF - Post by User
Comment by
DrillingHereon Nov 17, 2012 3:24pm
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Post# 20613972
RE: The recent FINANCING
RE: The recent FINANCING I see the recent financing at less than nav as diluting the existing shareholders for no good purpose. The price plummented when the did the $3.55 issue below nav in the Spring. I bought in at around $1.35. I sold at around $2.50 when they did this latest issue at less than nav, and fully expect to be able to buy back at prices well below that issue price. You cannot keep abusing loyal shareholders and expect them to roll over and accept it.