RE:RE:RE:RE:RE:fancamp sellingKrispin wrote:
They are selling to keep the light on are they not? Would be interesting to look at their financials and compare their burn rate to see if it roughly correlates with their income from selling of HPQ.
To be fair... UBR did recieve something in return for these shares.
If UBR had the cash to buy the Beauce claims they could have but they didn't and so FNC let them issue shares instead.
FNC is treating these shares like the cash that they could have insisted on.
It should be acknowledged that these shares could have crashed in value (see FNC's SX holdings for example). FNC did take a risk.