one of the big attractions for me was the fact that they did not need to go back to the market for more money (publicly stated by management), now that they have and at a discounted price its just a slap in the face for shareholders who bought in in the 40s
the only people not rewarded by this deal are the more substantial retail shareholders who have bought on market and supported the stock and put their faith in management
10k allocation is meaningless
no doubt Hartleys clients were selling in the 40s knowing full well they were going to pick them up at 37c
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