The acquisition cost of US$27.5 million was funded using a recently arranged debt facility with a leading international bank.
Raising money via these banks is a classic scenario where the banker starts shorting you the moment you do the deal, knowing they can cover out of the float. Did you look at RBI's chart? It plunged nearly 50% in August, early September. I have RBI certificates in my drawer and no Canadian broker so I just sat and wondered. I think I now have an answer.
MDL Price at posting:
$3.31 Sentiment: Buy Disclosure: Not Held