RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Jetline website falsely claiming JET is first ULCC There will be some dilution - agreed. Triple shares? Not so much. If the finacing comes in the form of a private placement, which the large shareholders I spoke with including myself suspect it will, there'd be minimal dilution and most likely a big bump to the stock price as this provides the final major milestone needed for the company to operate. Financing wasn't present earlier this year when the stock did a speculation run to $1.42 - and the lack of financing is represented in the current SP. Large investors know this, because we've looked at the books and know there was no big ball of money sitting there on standby.
Now - raising funds on that inflated SP, would have been unethical, and I'm very glad they didn't or more people would be upset at the current SP. It's not like we're some pot stock here.
emiliolargo wrote:
Styles, the BIG issue here is financing. This is a big question mark that all large investors have. Financing can dilute this to a 25 cents share price, and this is why the unloading began. This is not to say that they wont buy up again at 25 but it is all about locking in profit when you can. Financing WILL dilute the company shares, so it is a matter of fact and a matter of when not if.