@muppet655 to get their favorite instos on their side - owing them a favor? I dont know to be honest but this is a big investment for me and dilution is not going to be helpful. We know they are going to raise cash, probably to fund exponential growth as well as to get someone managing their stock on NYSE, I just hope they do it in a way that is responsible and respectful to shareholders.
Tbh I don't think they have a great record with raisings which is part of the reason it worries me. They should be offering new shares to current shareholders not institutions and select groups of retail investors if you ask me. Not that that would be a simple thing to do with the upcoming raising.
AJX Price at posting:
92.0¢ Sentiment: Hold Disclosure: Held
