Now, if we are going to issue shares in lieu of these expected/future costs, wouldn't that mean dilution for the current shareholders?
Besides, and with the current sentiments, how many shares are we goint to issue for that to happen, and at what price? After all, if the World is in despair like zzedzz and some others are saying, one would be excused to think that many suppliers and contractors would be more interested to get cash in their hands instead of shares in a company, especially if they have their own commitments to meet. And, if they were to accept shares in lieu of, they would want to be enticed in accepting such a thing.
After all, the last placement of shares to the shipping company, and if my memory serves me right, the placement was made at $3.90 per share while the sp at the time was a lot higher than that.
Good thought though.
CDU Price at posting:
$4.16 Sentiment: None Disclosure: Held