Would like to know how Peak are going to "drive shareholder value"? Definitely appear to be driving their own value, and that of execs and directors of RGI, but from where I am sitting, there has been no value added to my holding. Agree this is more than likely to be used for payment of salaries, as it seems a paltry amount with which to achieve anything materially relevant in driving company value. Is my math correct in assuming if this placement goes through, "with shareholder approval", lol, there will be an extra 106M shares and options in existence, given the 2:3 ratio terms of this raise? Am too scared to check what the count will be given the regularity of this style of placement by this company. Great work RGI and Peak, keep driving that value.
RGI Price at posting:
5.6¢ Sentiment: None Disclosure: Held
