No wonder they dropped this so late after the market closed. Just paid 5% dilution for the privilege of being able to dilute existing shareholders by another 50% based on current SP. That’s assuming the SP doesn’t plummet after this announcement or during next years possible recession. They did try to spin it well in the announcement. Ouch.
No wonder they dropped this so late after the market closed....
Add to My Watchlist
What is My Watchlist?
