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GSO deal, page-38

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JeffN

538 Posts.

112

29/03/16

14:17

Post #: 17373796
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Originally posted by sv ↑

further, please take the effect of dilution into account, how much more are you gonna spend to average down, can you average down to current SP, and then deal with the massive dilution to existing SH? How much will each $1 you invest today to average down be worth after the deal?

I think this is a no brainer - unless magic happens, stay away and hope some day that the share price will get up to double digits - will take very long time, if it does not collapse by then.

or should we just plain get out, unfortunately most cannot even get out, because we may think, well, the investment is worthless today, let me just put it in the bottom drawer and deal with it in some time in the future. trouble is, most of us just cannot forget it either.

some of us may remember the Centro story!

dyor

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I could get out and recoup 40% of my expenditure. I'm hanging in......and may live to regret it but I hope not.

ARI Price at posting: 2.3¢ Sentiment: None Disclosure: Held
2 Upvote

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