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4.1¢ delaware thirteen ltd

If you are worried about dilliution buy this stock out of the...

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MayfairTrader

873 Posts.

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03/02/18

20:19

Post #: 30798409
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Originally posted by MayfairTrader ↑

It's actually a decent deal. The 20% dilution is irrelevant given holders are coming in at 10-cents. It is effectively just adding free cash to the company, albiet at an added interest cost.

I find it hard to justify statements like yours because you simply don't understand how hard it is to raise $10.0m. If D13 were to do a private placement it would be raising $10.0m and struggling to fill it at 20%-30% discount to 9.7cents ........... would you prefer that? NO!

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If you are worried about dilliution buy this stock out of the trading halt at 10-cents or lower and you are getting better equity value in a cashed up business....... lol

Last edited by MayfairTrader: 03/02/18

D13 Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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