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Re: Pyrrhonian post# 88255

Wednesday, 08/10/2016 6:33:23 PM

Wednesday, August 10, 2016 6:33:23 PM

Post# of 426269
Py: Au contraire, it actually sets a floor, not a ceiling, other post-offering effects notwithstanding. There's also a potentially positive reaction if it's announced or discovered that a particular firm dominates the purchase.

This is all just a standard activity, and quite possibly the last raise the company will ever need to do - at least in terms of purely extending the COH to keep the market happy. Another piece of uncertainty is now removed.
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