I'm looking to see where I can grab $60,000 for my spouse & I to take up the SPP, if the scale back is 80-90%, I'll still be peeved & hope the next time ALC look for funds will consider how to avoid SHLDrs funds being locked up to be returned after the scale-back.
If I was ALC, I'd reconsider who does my capital raising in future, if this is the way it pans out, it certainly doesn't emulate the way ALC appear to be developing their well managed growth!
On the other hand, if we get a solid allocation, my apologies for jumping the gun with my thoughts!
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Ann: ALC acquires ExtraMed, completes placement and announces SPP, page-38
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