InvestorsHub Logo
Followers 29
Posts 3785
Boards Moderated 0
Alias Born 12/28/2005

Re: the9horse post# 16665

Wednesday, 10/14/2015 9:36:14 AM

Wednesday, October 14, 2015 9:36:14 AM

Post# of 50725
The delay could be strategic

Maybe AL-Rushaid wanted to be the sole private placement
investor or maybe Delphi got interested last minute. Also, maybe they
delayed it to get money, so a note did not hit the market.
(Id have to go and look at the annual report for that.)

All I know is that these guys own a ton of shares. They would
be idiotic to dilute themselves out of a majority-stake holder
or ruin the value of the company.(that just screws themselves)

TS...

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.