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Re: Democritus_of_Abdera post# 2361

Friday, 11/18/2016 9:22:56 AM

Friday, November 18, 2016 9:22:56 AM

Post# of 8675
The use of equity (at some point) to retire debt is not new info; LG said the same thing on CLF's 3Q16 CC.

The degree to which an equity offering is dilutive depends, of course, on the offering price, which can't be ascertained now. I do think it will likely be higher than the current share price, however.

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