DUR 2.07% $1.18 duratec limited

sellers disappearing?, page-9

  1. 8,376 Posts.
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    Very strange. If you have property for sale 'valued' at $1 million and someone offers you $2 million, would you say nah, can't accept it, as your offer is way too much??? Of course if you ask way too much, you may not get any takers. But it is a free market.

    If you own shares and you think it's worth double to current market offerings - the asking price surely should be determined by you and not an automated computer. The fact that you may ask a greater price then currently available on market should be immaterial - you own the shares, not the broker selling it on your behalf.

    At the same time, how is it possible to offer huge discounts (at least 15%) in situations when a company raises funds - why is there no downside limit applied there?? Not only participating brokers get fees, the so called sophs get discounts to the immediate detriment to holders by diluting their holding should they decide not to participate (could simply be due to lack of funds). As a double whammy, holders also lose by the often associated immediate drop in sp.

    To further add insult to injury, some companies attempt to raise funds at the worst possible time - a time when sp has already retreated to often near year low levels. There's one company currently attempting to raise at less than half of where sp was last year - some say it's an opportunity, some are absolutely disgusted.


 
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