TSX:PWCPRB - Post by User
Comment by
tori94on Feb 08, 2004 12:19pm
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Post# 7020882
RE: pwc to float more shares
RE: pwc to float more sharesI've heard the same thing. Apparently, there plan was to float more shares in a year or so when stock rose more, but the need is now to get more cash in for lending purchases. I've heard that they've had to turn down larger loans due to lack of capital to lend.
If what I've heard is correct, we could expect to hear about this within a couple of months, or even at there earnings release next month.
Is this good..........? It would appear so. A dilution of shares would be offset by higher earnings from increased lending.
T94