Bud,
here's the rub:
"I doubt Chris had much choice but to push ahead rather than wait to expand through cash flows."
i'd need to have this explained by CC himself before
being able to say that issuing more stock was the right way to go.
i'm sure you'd agree that IGR has too much stock on issue already (contrast one our market darlings, RMS).
regards,
fredo
hotcopper perception and reality, page-3
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