Blowy. I'm with the others... you're off the mark with the CR line. The next flow of funds will be in the opposite direction.... An AGO shareholder dividend payment.
Not only do AGO have over $130m in the bank, when the Ridley deal goes through they will likely have another $100 - $200mil on top of that.
Plus they are raking it in at present with each ship heading out. A CR? For what purpose?
DF knows that share holders have done well by him and he'll reward that. We had to dip into out pockets a couple of years back with the last raising at $1.39 and everyone jumped at the chance (myself included). I think everyone would agree that money was well spent.
AGO Price at posting:
$3.29 Sentiment: Buy Disclosure: Held