RE:RE:ATM's advantages and disadvantagesThanks Rummager,
That is how it has worked for me in the past.
And, while I know that the system works by me paying you for shares (that are already "out in the open") - I personally take the most joy when the shares I buy come direct from the company. No offence meant to retail sellers...but to me, plugging that cash direct into the company this way is the best support that I can think of for the company that so interests me..
Best to all.
El d
rummager wrote: An ATM can be a win-win for shareholders and the fund sponsors. It is more ideal than a rights offering that is frequently dilutive to shareholders and NAV. With an ATM, they are only done when funds are trading at premiums. Thus, they are accretive to shareholders.