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Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Comment by Piranha7on Jun 15, 2009 12:41pm
293 Views
Post# 16071196

RE: Financing Commentary

RE: Financing Commentary33% dil to pay off debts is not a smart thing....if 33% dilution was to invest in the future in exploration then that would've been a diffrent issue....plus why dilute that much at $0.05....if as you say and if they know this is a 10-20 bagger then they would wait til the SP goes up ...way up and finance at highere levels to get more money at lower dilution....this has been a very bad move from the management.

if you want a 10-20 bagger go check WTM.T....they have 6 drills on their property, catch it before it flies way higher.
Cheers!!!
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