I thought stage 2 of Pennybacker is paid upon the business meeting future performance hurdles. The $11m should not be required yet. Working capital of $20m looks took much if the portfolio returns $25 million after expenses per year. I think the board should have mentioned the capital raise with the announcement. The announcement should have stated how the acquisition would be funded.
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$10.40 |
Change
0.040(0.39%) |
Mkt cap ! $536.3M |
Open | High | Low | Value | Volume |
$10.29 | $10.60 | $10.29 | $328.3K | 31.31K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3141 | $10.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.40 | 986 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3141 | 10.350 |
1 | 400 | 10.300 |
1 | 106 | 10.250 |
1 | 2000 | 10.200 |
1 | 2488 | 10.150 |
Price($) | Vol. | No. |
---|---|---|
10.400 | 986 | 1 |
10.500 | 5000 | 1 |
10.550 | 5000 | 1 |
10.600 | 396 | 1 |
10.610 | 700 | 1 |
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