OTCPK:TMBMF - Post by User
Post by
dosperroson Dec 21, 2016 6:09pm
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Post# 25632426
Mgmt seems to like call options. Equity issue coming?
Mgmt seems to like call options. Equity issue coming? They gave out two of them to debt holders.
I wonder if Jim would consider issing 5 million or so shares at a higher-than market price if a buyer exists? Say like $5M @ $5.00/share? Raise an easy $25M to accelerate the debt, and re-set the lagging share price to a more normal level.
I'm thinking of the IFP bought deal where they raised $60M in 2015.
https://business.financialpost.com/news/fp-street/vancouvers-interfor-corp-prices-years-first-equity-financing