RE:RE:RE:RE:Hydropothecary Announces Upsize of Previously Announced OffeRothchildish wrote: If they announced 100M$ in line of credit or mortgage, I'd be pumped too, sadly they opted for common shares, dilution isnt good. Its better than at 2$, but still.
it's not sad...this establishes price support at 4$ and reduces volatility.
It is not dilution, and aurora is prime example of this when they were at 2$. If every equity financing deal is dilution then you obviously don't know how to assess a dilutive deal vs exploiting a financial opportunity.
Why would you want a 100m mortgage, mortgage terms would be for 10-25 years, and by the time it's paid it would be almost 50M in interest... that's dumb, line of credit affects profitiability which will impact bottom line reporting...
This is a great deal for THCX, and a smart way to raise the capital required for rapid expansion.
You want to own 100% of a pond? or 75% of a lake?