RE:RE:RE:RE:Reopened a position at 2.81Keep in mind in the Stratus example there were almost 14% more shares that needed to be distributed to due to the bought deal relating to the transaction, plus some debt that isn't free etc, the transaction imo was close to a wash. Which is what most of the transactions they do are at this point. And that's if we gloss over the idea that getting into a janitorial service franchise right at the time office space use is tanking made sense.
Say they had a deal to do tomorrow. How would they fund it? 8 or 9% debentures? $2.55 bought deal? Given where the share price is what would be the other options?
Don't get me wrong I own a bunch of shares, but this is one unloved stock, and for somewhat justified reasons.