GREY:SGGDF - Post by User
Post by
tentongoldon Nov 19, 2007 12:28pm
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Post# 13830248
$0.50 Flow-through = $0.325 "real financing
$0.50 Flow-through = $0.325 "real financingBefore everyone gets over excited about an "above market" financing at $0.50/share, and I am surprised no one else has managed to correct this information, a flow-through has significant tax advantages which bring down the cost of your financing by as much as 40%.
EVERY flow through financing is at least 30-40% above current market price, not just SGX.
Not "bashing" here, just bringing a touch of reality for those interested in knowing the facts.