GREY:ITGQF - Post by User
Comment by
poubelle1on Nov 03, 2015 2:19pm
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Post# 24254527
RE:Second close of debt fund is beyond my expectations
RE:Second close of debt fund is beyond my expectations And there is more to come...
But I think what needs to be addressed is the lack of liquidity in this stock. We need to get the stock price up, issue some freely trading stock and use that money to leverage growth.
It makes sense to buy back stock when it is this cheap, but we are already at a point where trading volumes are abysmal. I do not think the company should be buying back stock anymore.
"This is a significant step forward in executing our plan to focus on niche strategies for our institutional clients. Combining this with growth in our real estate group and the addition of infrastructure debt and equity offerings next year will leverage the skills of our team and provide our clients with premium returns relative to comparable public market strategies.
"For our shareholders, this represents the potential for significant revenue growth in our business when these committed funds are deployed and become revenue generating AUM."