RE:RE:RE:RE:RE:RE:NFG royaltiesThanks. I've never followed the SBB story - so, I will take you at your word.
To do a financing at $10...it has to be $10 with conviction! Investors must see a clear path beyond that number...and therein lies the rub!
As I say this - thinking on your thoughts on dilution (which we all share!) - sitting here, unfortunately I readily see the parallels with what the Fed is doing with the dollar...dilute - dilute...dilute! It's all above my pay-grade. I hope this is not the New Normal.
regards,
el d
Goldziggy wrote: Yes i think Nfg can easily get to 10$ by oct/nov. Any financing under 10$ would not be good. They need to somehow keep the number of shares low. So the only way to do that and minimize share dliution would be to get the share price higher if they want to do a financing. Ideally something like the one they did at 11$ and change for 50 million dollars. The higher the bettter for all stock holders. Dilution kills stocks and limits your upside. Look at sbb with over half a billion shares that someone keeps pumping on this bullboard. Its going nowhere fast.