RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LLR - Too big to sell?huh ? When's the last time Lucara issued stock ?
tadjames1 wrote: Well... I'm not sure the failure to sell LLR was the sole reason that it dropped from the $4's. Remember we paid out a huge dividend with the special which took a large amount of cash away from the book value. I sure hope that Lucara doesn't issue more shares if they acquire a company such as Tsodilo. I would have rather had that dividend cash available rather than dilute the company anymore. If LLR was worth 70mm at one time and now it's worth say 50mm, it doesn't make that much difference per share with so many outstanding. Damn Lundin's... they sure like to issue stock !