RE:RE:RE:Where Are All The Institutional Buyers?Already said before, there is nothing preventing companies from diluting if their share price is under a dollar. They can just as well dilute at 2 cents a share. Reverse split isn't the cause of dilution, the company losing money and needing cash is the cause of dilution. When will people get it through their
thick skulls that reverse split is irrelevant?
In the conference call they already said they didn't need to dilute to pay the 2018 debs when it comes due.
Highwired7 wrote: A reverse split can also lead to dilution after dilution as well as lowering the share count of shareholders, thus limiting potential gains. These outcomes are dependent on the companies assets and management, they seem to have the goods, I can only hope GCM management behaves responsibly in these respects.