RE:RE:RE:RE:RE:Revenue comparison 10 years laterlongrun86 wrote: The shelf prospectus provides for optionality and I see it being wise to keep it going.
Management and the Board are likely averse to raising equity at these prices but the debt possibility of the shelf prospectus is interesting given that the financial assets of Knight will start rolling over and could be used to repay in addition to cash flow from operations.
Based on the last call, it is obvious Management is working on some significant opportunities and it is only a matter of time before we start to see some announcements. The equity and debt markets are tightening up and Knight is well positioned to be doing some deals in this environment.
Absolutely adverse at these prices ... they have always been gungho to go to market "only" at higher valuations. Therefore the next one would need to be over $10.
But - value and opportunity would trump the desire to go to market at hire valuations ... unless they can pay for the deals in other ways (as you mentioned).
Nothing is as true as these two words ... Long Game !
Nothing happens quickly at GUD - that's for sure.