I always consider it bad form when free money is sort and retail shareholders don't get a chance to participate.
Each time this happens the stock is diluted and shareholders should have the chance to match this dilution.
Companies have got drunk over over raisings in the last few years. Its free, no interest to pay, no guarentees or caveats are needed with the lender.
Now it may be OK in BSM place but we all need to ensure management are well aware that the very best use of the money is required.
positive placement, page-28
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
