GREY:WFEMF - Post by User
Post by
wealthy123on Oct 28, 2014 3:04am
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Post# 23066727
Dundee Insider Buying
Dundee Insider BuyingDundee bought a further 1.29 million shares in mid October through a private purchase. This does not sound like a company that believes the project will not go ahead or become bankrupt, especially as they have invested signifcantly to date. I do not understand why they are issuing shares in lieu of payment. Does Canadian Governance not have pre-emption rights where exisitng shareholders are offered equitty first? Appreciate if anyone could clarify.