From memory in the (paid for) reports recently, I believe they stated ALK were going to raise $240m by a CR at .40c (600 million shares) (D.Project) .
What would be the number now to raise the 240m, I wonder?
The reports also projected a dividend for the DP? Yet how does one equate that to the position of ALK now and any potential CR around 20c now imo
The substantial holder who is offloading shares seemed to have the canny knack of coinciding the selling with the now delay with the startup of the DP. (Finance, what ever?) Even after those glossy Reports??????
imo Management jumped the gun with the DP startup. Very poor form(blunder) imo
Holders can always look at things in two ways. The Shareprice does not, most times.
I'd prefer a CR at 40c, if and when the DP gets off the ground. Its upto Management to look after all its Shareholders!
Good Luck all
Md
Ann: Quarterly Activities Report - March 2017, page-18
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57.0¢ |
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Mkt cap ! $343.9M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1869 | 53.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 30258 | 1 |
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