OTCPK:MEAOD - Post by User
Comment by
JRaffleson Mar 16, 2017 11:19am
102 Views
Post# 25988006
RE:value
RE:value
I don't get it.
A logical reason seems to be that the directors wish to expand the company at a rate, suitable to director's interests, not to shareholders interests. It matters little to the directors whether they wait for an opportune time to raise capital for expansion or whether they issue shares at a fraction of the value of the underlying company assets.