GREY:PGDIF - Post by User
Comment by
mill44on Jan 24, 2016 10:41am
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Post# 24488273
RE:RE:The Village Idiot Strikes Again!
RE:RE:The Village Idiot Strikes Again!The way I see it the Friedlands are only exposed during financing.with rights. Like now, millions of shares and rights become available at a fairly controlled price, which makes accumulation easy and possibly unnoticable. If another party is interested in Chidliak, this might be their last opportunity to do something. The more money and time the Friedlands sink into this, the less likely it is that they would take bigger risks. This might be the last rights offering, especially if they have to pick a bunch of unexercised rights up at closing. Private placement or going private might be the next step for them to raise money.