RE:More DilutionI agree with you. Doesn't look good and reminds me of Altagas's takeover of WGL. I think the high debt levels will keep AQN in the doghouse for a while similar to ALA's time in purgatory. SP might tank tomorrow but I'll be sitting on the sidelines. From my experiences with ENB and ALA, once the analysts are worried about debt levels the SP languishes for quite a while.
Billybabin61 wrote: I am a long time holder of AQN since below 10 bucks and have become increasingly dissapointed by their dilution. Since 2014 the number of shares almost tripled not counting this new equity financing. What is more concerning is that they do it at a time when the SP has been flat, and at 18.15 we can expect to see a big hit tomorrow with continued down trend. Not good. Fortis for example has been more frugal in the expansion of their share base over the same period of time. I hope I am wrong. This acquistion has been rumoured for some time now at least 6 months and I wish it would have been done when the SP was higher...perhaps the ask was too high so 6 of one and ......