ceoa - you wrote
"if the market drops next year and UNI tries to raise cash in a declining market, the discounts to market and VWAPS will be far higher than what is now available while everyone wants to get in".
the reality is that many companies raised money last year in a rapidly diclining market - very few if any did it at the kind of discount I am hearing in this raise from UNI.
therfore I tend to disagree with your arguement.
So for Uni to raise money with this kind of discount while we are in a rising market is not as writer would have us believe - "a masterstroke by the big fella", just a very dillutive way to raise money
existing share holders may miss-out on cr, page-40
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$8.03 |
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Mkt cap ! $616.0M | |||
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