GREY:PGDIF - Post by User
Comment by
mill44on Nov 19, 2015 11:38am
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Post# 24305436
RE:RE:premature conclusion
RE:RE:premature conclusionThere is no need for money in Feb. You don't need to give people more reasons to use your shares for tax loss planning. There was no real danger that the SP would crash before the valuations. They are the major shareholders, if they buy the rights, the offering is successful. As you can see, there are cons but no benefits. So what's the panic? Why a 10c offering? You can play any advocate you want, this is still self serving. The only thing that makes it legal is that, as it was pointed out lots of time, it is offered to everyone. The biggest risk for them is that people will take the offering. Even then, they end up with lots of more than cheap shares. Pull out Ekim and Oiltar's napkin calculations and you will see why we get to buy cheaper and cheaper shares the better the project looks. Next, they will give it to us for free.