TSX:IBG.DB.E - Post by User
Comment by
nkbourbakion Dec 14, 2015 11:26am
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Post# 24382100
RE:Stock Price
RE:Stock PriceSteelironman wrote: It seems the stock price is gradually trending towards the $1.60 new issue price.
I guess investors figure that if that's what the company thinks a new share is worth, then the existing shares can't be worth much more.
New shares should have been issued at closer to $2,50. Would have resulted in less dilution for the same $ input.
Good analysis. In fact, it would be better if they issued shares at $25. They must be idiots!