RE: RE: RE: RE: Financing announcedWell that is just it. When equity financings are done, they are done. Everything going forward can be calculated and valued. With convertible financings the costs can be cheaper, but then again they can be enormously more expensive as well. The optimists will give them one value and the pessimists, another. We will never know until they are either converted or refinanced.
I have seen many companies lose an appreciation of this and overdue it with the convertibles, to their future demise. They find out the hardway that it was not equity, it was indeed debt.